Currency News

Daily Exchange Rate Forecasts & Currency News

South African Rand forecast page 4 - zar south african rand rand

A round up of the latest South African Rand forecast news items from the Currency News desk.

Pound South African Rand (GBP/ZAR) Exchange Rate Eases as ZAR Benefits from Risk-On Trade

10 Sep 2019 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Down as US-China Trade Deal Hopes Increase The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.2% today, with the pairing currently trading around R18.192 following July’s SA manufacturing production index which eased from -3.6% to -1.1%. However, buying sentiment in the South African Rand (ZAR) has...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Soars as UK Markets Benefit from Ebbing No-Deal Brexit Fears

5 Sep 2019 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Rises as No-Deal Brexit is Effectively Ruled Out The Pound South African Rand (GBP/ZAR) exchange rate soared by 0.9% today, with the pairing trading around R18.308 on ebbing no-deal Brexit fears after last night’s parliamentary vote saw the anti no-deal Brexit bill pass successfully after two separate votes. As a...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

US Dollar South African Rand (USD/ZAR) Exchange Rate Rises as US House Prices Improve

27 Aug 2019 at 5 PM - Written by John Cameron

USD/ZAR Exchange Rate Edges Higher despite US-China Trade Uncertainty The US Dollar South African Rand (USD/ZAR) exchange rate edged higher today, with the pairing fluctuating around 15.323R as US house prices rise in June. Today saw the US Housing Price Index for June rose by 0.2%, although these fell below the forecast 0.3% increase....

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

21 Aug 2019 at 1 PM - Written by John Cameron

Despite some weaker than expected South African inflation data today, the US Dollar to South African Rand exchange rate tumbled ahead of the publication of the Federal Reserve’s latest meeting minutes this evening, as well as other major central bank news expected later in the week. Due to broad weakness in the South African Rand,...

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Improves as South African Manufacturing Production Falls in June

8 Aug 2019 at 3 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on South African Economic Woes The Pound South African Rand (GBP/ZAR) exchange rate rose today, leaving the pairing fluctuating around R18.227. The South African Rand (ZAR) fell following yesterday’s publication of the year-on-year South African Manufacturing Production Index for June, which fell below...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Improves as South African Inflation Dips

24 Jul 2019 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher as SA Economic Growth Forecast is Slashed by IMF The Pound South African Rand (GBP/ZAR) edged higher today, leaving the paring trading around R17.386. The South African Rand (ZAR) failed to make any gains on the Pound (GBP) despite encouraging year-on-year South African Consumer Price Index data for...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as Risk-Appetite Rises Following Dovish US Fed

11 Jul 2019 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Sinks as Risk-On Markets Boosts South African Rand The Pound South African Rand (GBP/ZAR) exchange rate eased by 0.3% today, with the pairing fluctuating around R17.437. The South African Rand (ZAR) rose against the Pound (GBP) on the return of risk-appetite following the US Federal Reserve’s Governor, Jerome...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as SA Business Confidence Remains Flat

5 Jul 2019 at 12 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on SA Economy Woes The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.2% today and is currently trading around R17.7236 on the interbank market. The South African Rand (ZAR) fell against the Pound (GBP) today despite yesterday’s South African business confidence index figures for June,...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as SARB Rate Cut Fears Increase

19 Jun 2019 at 3 PM - Written by John Cameron

GBP/ZAR Exchange Rate Increases as SA Inflation Holds in SARB’s Target Range The Pound South African Rand (GBP/ZAR) exchange rate rose today and is currently trading around R18.2959 on the interbank market. The South African Rand (ZAR) sank against Sterling despite better-than-expected annual SA Consumer Price Index (CPI) figures for...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

US Dollar South African Rand (USD/ZAR) Exchange Rate Sinks as SA Economic Confidence Returns

22 May 2019 at 4 PM - Written by John Cameron

US Dollar South African Rand (USD/ZAR) Exchange Rate Sinks as SA Consumer Prices Decrease The US Dollar South African Rand (USD/ZAR) exchange rate is down today and is currently trading round R14.360 on the inter-bank market. The South African Dollar (ZAR) rose against the US Dollar (USD) despite weaker-than-expected South African...

CATEGORIES: American Dollar Forecasts South African Rand Forecasts