South Africa Foreign Exchange Market (Monthly Report) - November 2017

In October 2017, the rand (ZAR) rand was weaker against nearly of the major developed and emerging market currencies. The unweighted change in the rand against 12 currencies amounted to -2.4% m/m. On a month-on-month basis, the rand appreciated most against the Brazilian real and Russian rouble (both -4.8%); British pound (-4%) and US dollar (-4%).

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