Compared with the previous month, the rand strengthened marginally in January 2020 against most emerging market and developed market currencies. The unweighted average change in the value of the rand amounted to 0.1%. Month-on-month, the rand appreciated against the British pound (0.5%) and by 0.4% against the US dollar, euro Australian dollar and Swiss franc. Against the Japanese yen the rand gained 0.2%, but it lost 0.9% against the Chinese yuan and 1.5% against the rouble.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.