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

In November 2017, the rand (ZAR) rand was slightly stronger against nearly 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 appreciated most against the British pound (2.8%), Japanese yen (1.4%) and Russian rouble (1.1%) and Swiss franc (1.1%). The rand was also stronger against the US dollar (1%); euro (0.9%) and Chinese yuan (0.6%).

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