Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Rand forecast - GBP ZAR

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

LIVE EXCHANGE RATE 13:11:33 Pound Rand Rate »
GBP/ZAR +0.06 Days Low Days High Last Daily
17.01794 +0.37% 16.93101 17.05037 16.95461

Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation...

CATEGORIES: Currency Predictions Pound Rand Forecasts

Pound to Rand Exchange Rate News: Today's Value at Lows not Seen Since Late July

17 Aug 2017 at 12 PM - Written by Frank Davies

The Pound to Rand exchange rate is currently valued at just 16.93454, ending the week at fresh lows not seen since late July this year. GBP Advances as Traders Process UK Sales Slowdown The Pound has fluctuated significantly today, moving on a rollercoaster-like pattern because of trader reactions to UK retail sales figures. In July,...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Extends Gains on Rate Hike Speculation Ahead of BoE Comments

11 Jul 2017 at 12 PM - Written by David Woodsmith

Ahead of the latest commentary from Bank of England (BoE) policymakers the Pound South African Rand exchange rate strengthened sharply. Investors were encouraged to pile back into Sterling in anticipation of comments from deputy governor Ben Broadbent, who has yet to air his opinions in the wake of June’s unexpectedly split policy...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Near Monthly Lows after Surprise UK GDP Slowdown

25 May 2017 at 3 PM - Written by Frank Davies

The Pound’s poor performance today follows the release of second estimates for UK GDP growth in the first quarter. On the positive side, the annual estimate has been revised up from 1.9% to 2%; this notably fell short of the predicted 2.1%. The more impactful and damaging news, however, has been that quarter-on-quarter growth has been...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP ZAR Exchange Rate Surges on Surprise UK Unemployment Rate Drop

17 May 2017 at 4 PM - Written by James Fuller

The Pound’s significant gains against the Rand come after a mixed UK data release, which brought historically positive and negative results. On the supportive side, UK unemployment in March dropped from 4.7% to 4.6%, bettering forecasts for no movement. This put unemployment at a historic low, while the percentage of employed persons has...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP to ZAR Exchange Rate Slips back from Weekly Highs

28 Apr 2017 at 2 PM - Written by John Cameron

After advancing for most of the week last week, the British Pound to South African Rand exchange rate slipped from its highs on Friday as the latest UK growth data was highly disappointing and painted a mixed outlook for Britain’s economy in 2017. GBP/ZAR began the week trending at the level of 16.8153. The pair surged in the latter half...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Rand Forecasts

GBP ZAR Exchange Rate Surges on UK Election Speculation

19 Apr 2017 at 3 PM - Written by Toni Johnson

The GBP ZAR exchange rate has surged over the last 24 hours following the surprise announcement from Prime Minister Theresa May that she is seeking to hold an early general election on the 8th of June. In her announcement the PM reasoned that her decision to call an early election was due to the political split in parliament saying that...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Tight on Zuma Questioning

16 Mar 2017 at 4 PM - Written by Toni Johnson

The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013. Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP ZAR Exchange Rate Boosted by Market Risk Aversion

8 Mar 2017 at 5 PM - Written by Tim Boyer

The British Pound to South African Dollar exchange rate surged on Thursday afternoon. Demand for emerging market currencies like the Rand faded on Thursday as traders increasingly anticipated Friday’s US Non-Farm Payroll figures. If the February US employment data impresses investors, more investors will become confidence that the...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts