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%).
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