Page 8 - Reeftankers - Annexure B Sasfin

PART A

ECONOMIC AND MARKET OVERVIEW

Currencies (per annum) 3 months % 1 year % 3 years % 5 years %
Rand / Dollar -4.38 -11.73 -0.81 5.09
Rand / Pound -0.74 -1.46 -2.63 3.41
Yen / Dollar -5.69 -4.59 -4.00 2.44
Dollar / Euro 2.66 15.70 4.72 -0.78
Source: Bloomberg

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Investment Report Q1 2018