Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
June 06, 2018
The rand weakened against most currencies in May 2018 compared with the previous month. The unweighted average change in the value of the rand amounted to -0.7%. Month-on-month, the rand depreciated most against the Russian rouble (-2.8%), yen (-2.3%), Swiss franc (-2.3%) and Australian dollar (-2.3%). The rand lost 1.9% against the US dollar and 0.7% against the yuan. The rand gained against the euro (1.3%), British pound (1.6%) and Brazilian real (4.2%).
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