In February 2017, the rand (ZAR) strengthened against virtually all of the major developed and emerging market currencies. The unweighted change in the rand against 12 currencies amounted to 3% m/m. On a month-on-month basis, the rand appreciated most against the euro (4.8%), and the British pound and Japanese yen (4.3%). The rand was 2.6% stronger against the US dollar and 2.4% against the Chinese yuan. The rand was slightly weaker against the Brazilian real, by -0.5%.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.