Compared with the previous month, the rand weakened further in September 2022 against most of the major developed market and developing market currencies. The unweighted average change in the value of the rand amounted to -2.3%. Month-on-month, the rand depreciated most against the Russian rouble (-5.6%), US dollar (-4.7%), Indian rupee (-3.8%), Swiss franc (-3.4%) and euro (-2.6%). The rand gained marginally against the British pound (0.6%) and Japanese yen (0.5%).
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