The RBZ Boss added that, ”1 217 bids were received on the Small to Medium enterprises forex auction, with 1 164 accepted and 53 disqualified.”
He said ”On the main forex auction, a total of 466 bids were received, 444 were accepted while 22 were disqualified.”
Mangudya said ”bids that were disqualified were not eligible in terms of the Priority List.”
Bids with overdue CDIs, outstanding Bills of Entry (BOEs), and those with sufficient FCA balances were also disqualified.
”Some bids were allotted on a pro-rata basis to conform with the Import Priority List,” the RBZ Governor said.