Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
May 08, 2018
The rand weakened against most currencies in April 2018 compared with the previous month. The unweighted average change in the value of the rand amounted to -2.4%. Month-on-month, the rand depreciated most against the Canadian dollar (-5.5%), US dollar (-5.1%), and yuan (-4.2%), and also against the Australian dollar (-3.2%), Swiss franc (1.4%), pound (-3.2%), euro (-3.1%) and yen (-2.3%). The rand fared best against the Russian rouble (4%) and Brazilian real (0.6%).
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