South Africa Foreign Exchange Market (Monthly Report) - April 2018

The rand weakened slightly against most currencies in March 2018 compared with the previous month. The unweighted average change in the value of the rand amounted to -0.2%. Month-on-month, the rand fared best against the Russian rouble (1.6%), Brazilian real (1.6%), Australian dollar (0.8%), and Swiss franc (0.6%). The rand weakened against the British pound (-2.3%), euro (-1.4%), Japanese yen (-0.8%), and US dollar (-0.3%).

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