Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
January 08, 2019
The rand weakened against most major developed and emerging market currencies in December 2018 compared with the previous month. The unweighted average change in the value of the rand amounted to -0.9%. Month-on-month, the rand appreciated most against the Canadian dollar (9.1%), Japanese yen (8.5%), Australian dollar (8.2%) and NZ dollar (8%). The rand slipped most against the Chinese yuan (-14.4%), and was also weaker against the euro (-5.8%), US dollar (-5.4%), Swiss franc (-5.2%) and British pound (-4.7%).
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