The Pula depreciated against the rand by 2.3 percent, but appreciated against the Japanese yen (3.9 percent); Chinese renminbi (2.2 percent); euro (2 percent); US dollar (1.5 percent) and pound sterling (1.1 percent). In the twelve months to September 2018, the Pula appreciated against the rand (1.7 percent) and Chinese renminbi (0.6 percent) while depreciating against the US dollar (2.7 percent); Japanese yen (1.9 percent); euro (1.3 percent) and pound sterling (0.1 percent).