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South Africa Foreign Exchange Market (Monthly Report) - November 2019

November 06, 2019

Compared with the previous month, the rand weakened in October against most emerging market and developed market currencies. The unweighted average change in the value of the rand amounted to -1.3%. Month-on-month, the rand depreciated most against the Japanese yen (-6.9%), Canadian dollar (-2.8%) and and British pound (-2.6%). Against the euro, the rand lost 0.7%, but it was stronger against the Chinese yuan and gained marginally against the US dollar (0.1%).

Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.

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