Compared with the previous month, the rand (ZAR) weakened further against most developed and emerging market currencies in October. The unweighted decrease in the rand against 12 currencies amounted to -0.9% m/m. Measured on a year ago, the unweighted average change in the value of the rand amounted to -3.6%. On a month-on-month basis, the rand gained most against the euro and Swiss franc (1.6%) and lost most against the New Zealand dollar (-5.7% m/m).
South Africa Foreign Exchange Market (Monthly Report) - November 2015
November 09, 2015
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.
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