THE Reserve Bank of Zimbabwe (RBZ) foreign exchange auction allocation reached US$528,1 million for the first quarter of 2022.
According to the RBZ, a huge chunk of this was channelled towards procurement of raw materials and machinery.

The Bank said 749 beneficiaries received US$107,8 million under the main auction and another 2 142 accessed US$17 850 257 allocated to small to medium enterprises