During July, the Pula depreciated against US dollar (0.2 percent), the euro (0.1 percent), the rand (0.3 percent) and the yen (0.7 percent while it appreciated against the pound (0.9 percent). On an annual basis the movement of the Pula was mixed. It depreciated against the yen (17.7 percent), US dollar (6.9 percent) and the rand (2.2 percent) but appreciated against the euro (2.8 percent) and the pound (11.4percent).