According to the Reserve Bank of Zimbabwe the highest rate offered was 100:1 and the lowest was 25.5: 1, just 50 cents above the fixed rate that has been operating since26 March.
The black market was trading at between 75:1 and 90:1.
Online platforms that publish black market rates are, however, still blank except for the Old Mutual Implied rate which was at 128:1 today.
The central bank says US$10.3 million was allotted against total bids of US$11.4 million, just over a million short.
It said the highest amount, US$ 2.9 million, went to raw materials with US$2.4 million going to machinery and equipment.
Other amounts were:
- US$1.4 million for food and beverages
- US$1.3 million for services
- U$1.3 million for consumables, including spares, tyres and packaging
- US$436 400 for portfolio investments
- US$263 100 for fuel, electricity and gas
- US$257 000 for chemicals
- US$53 600 for livestock, and
- US$50 000 for medicals