Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
February 06, 2017
In January 2017, the rand (ZAR) weakened slightly against most of the major developed and emerging market currencies. The unweighted change in the rand against 12 currencies amounted to –1% m/m. On a month-on-month basis, the rand depreciated most against the Japanese yen (-3.1%), NZ dollar (-3%) and Australian dollar (-3.2%). Against the euro, the rand weakened by –0.7%, but the rand strengthened by 1.7% against the dollar.
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