Zimbabwe: RBZ Auction Disqualifies 547 'Dubious' Bids

1 December 2021

Reserve Bank of Zimbabwe (RBZ) foreign exchange auction Tuesday disqualified a total 547 suspicious bids as the authorities sniff out chancers who intend to acquire foreign currency for speculative purposes.

A trading update released at the close of business shows on the Main Auction platform 236 bids were disqualified while 311 bids were also disqualified on the SMEs platform.

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