During March, the Pula appreciated against the yen (6.7 percent), the pound (3.8 percent) the euro (3.6 percent) and the US dollar (2.3 percent) while it depreciated against the rand (2.7 percent). On an annual basis the Pula appreciated against the US dollar (14.9 percent), euro (13.4 percent), yen (9.1 percent) and the pound (9.0percent) while it depreciated against the rand (12.2 percent).