Pound Rand forecast - GBP ZAR

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

LIVE EXCHANGE RATE Pound Rand Rate »
GBP/ZAR +0 Days Low Days High Last Daily
17.91327 +0% 17.91327 17.91327 17.91327 05:09:39

Pound Weakens against South African as UK inflation slumps to session low

24 Mar 2015 at 11 PM - Written by David Woodsmith

The Pound fell by more than 0.80% against the South African Rand exchange rate after data showed that inflation in the UK fell to its lowest level on record by sliding to 0% in February. The weaker than expected report caused economists to raise their bets that the Bank of England will likely push any interest rate rise back further. The...

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Pound weakens against South African Rand on current account data

17 Mar 2015 at 10 PM - Written by Tim Boyer

The Pound weakened against the South African Rand as concerns over the uncertain outcome of May’s UK general election weighed upon the UK currency. The Rand meanwhile found support from the release of a stronger than forecast current account report. South Africa’s current account deficit narrowed more than forecast in the final...

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GBP/USD: Losses Forecast for the Pound to Dollar Exchange Rate

11 Mar 2015 at 11 AM - Written by John Cameron

Last Friday’s go-ahead US jobs numbers have caused futures markets forecast that the US Federal Reserve will be raising its benchmark interest rate during the early part of Summer and the pronounced turnaround in investors’ expectations has caused the Pound Sterling (currency:GBP) to lose ground against the US Dollar (currency:USD) during...

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Rand Outlook: GBP Advances to 9-Month High vs ZAR Due to Risk Aversion

10 Mar 2015 at 4 PM - Written by Ben Hughes

The Pound Sterling advanced to a 9-month high against the South African Rand as demand for riskier emerging market assets weakened on expectations that the US Federal Reserve will begin to hike interest rates in the summer. Sterling meanwhile was higher against most of its major peers as the Bank of England is one of only a few central banks...

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Exchange Rate Forecast for British Pound Sterling vs EUR USD ZAR

5 Mar 2015 at 9 AM - Written by John Cameron

Bank of England Announcement Forecast to be a Damp Squib The latest Bank of England (BoE) monetary policy announcement takes place later today and it is highly unlikely to provoke any significant movement for the POUND STERLING (currency:GBP). Tomorrow morning’s BoE/GfK Inflation Expectation report is more likely to be market-moving as...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound Advances against South African Rand Due to PMI Data

3 Mar 2015 at 11 PM - Written by Frank Davies

The Pound Sterling advanced against the South African Rand as it received support from a better than forecast Construction Purchasing Managers Index (PMI). According to index compiled by Markit/CIPS, activity in the UK construction sector rose a whole point to come in at 60.1, a figure that beat economist forecasts for a decline to 59.0, and...

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Exchange Rate Forecasts for Pound Sterling v Australian Dollar (AUD), New Zealand Dollar (NZD) & South African Rand (ZAR)

25 Feb 2015 at 9 PM - Written by John Cameron

Chinese Data Beats Forecasts Last night’s gauge of the level of manufacturing activity in the world’s second largest economy showed at a higher than expected level. Analysts had been expecting the Chinese data to show that output from this key sector of China’s economy had once again contracted, but the figures unexpectedly revealed...

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Investor Sentiment Soars, Losses Forecast for Pound Sterling South African Rand Exchange Rate

25 Feb 2015 at 9 AM - Written by John Cameron

A day of significant market movement yesterday was dominated by the news that the eurogroup had rubber-stamped a 4-month extension to Greece’s emergency loan deal. In the end, it didn’t take much for the euroland’s collected Finance Ministers to consent to the lengthening of Greece’s terms – the Athens administration promised to...

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ZAR Forecast: Pound to South African Rand Softens after GDP Data Release

24 Feb 2015 at 10 PM - Written by Tim Boyer

The Pound softened against the South African Rand after Gross Domestic Product data out of Africa’s most advanced economy smashed economist forecasts. The South African economy is the second largest in Africa and benefitted from a rally in the mining and manufacturing sectors, which had suffered from a series of strikes. According to...

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Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Falls

17 Feb 2015 at 10 PM - Written by Ben Hughes

The Pound weakened against the South African Rand after British data showed that consumer price inflation fell to its lowest level since 1989, adding to concerns that inflation will enter deflationary territory over the coming months. The data showed that Consumer price inflation (CPI) fell last month to its lowest level since records...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Rand Forecasts South African Rand Forecasts