Getting to hear different views but it seems money exchangers/banks were behind the sudden jump, there could be some form of political pressure at the back but that's a seperate story. Depreciation was long overdue given major gap in REER vs. existing rate and recent weakness in fx reserves due to deteriorating BOP. It remains to be seen if the weakness will continue, consensus say its a short term knee jerk reaction. We'll have to wait and see.