In August 2016, the rand (ZAR) again slipped significantly against all the major developed and emerging market currencies. The unweighted change in the rand against 12 currencies amounted to -5.5% m/m. On a month-on-month basis, the rand lost most against the Russian rouble (-6.8%) and the Brazilian real (-6.4%). The ZAR’s loss amounted to 5.3% against the British pound, -5.5% against the euro, and -5.8% against the US dollar.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.