Pound Rand forecast page 14 - GBP ZAR

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slides despite Possibility of Article 50 Extension With the focus firmly on politics today the Pound South African Rand (GBP/ZAR) exchange rate slipped over the course of the day, and is currently trading an inter-bank rate of R17.9540. This has occurred despite the UK...

Market Risk Aversion Shores up Pound Sterling South African Rand (GBP/ZAR) Exchange Rate A renewed sense of market risk aversion saw the Pound Sterling to South African Rand (GBP/ZAR) exchange rate recovering ground on Monday afternoon. Although the GBP/ZAR exchange rate started the week on a weaker footing as Brexit-based optimism...

Higher demand for riskier currencies, including emerging market currencies like the South African Rand, left the British Pound to South African Rand (GBP/ZAR) exchange rate sliding for most of last week. A report claiming that Brexit could be delayed helped the pair to recover slightly before markets closed for the week, however. After...

The Pound South African Rand (GBP/ZAR) exchange rate is on the defensive this morning as markets react to the UK’s latest Consumer Price Index (CPI). Pound (GBP) Struggles as UK Inflation Slows The Pound South African Rand (GBP/ZAR) exchange rate fell roughly 0.5% through the first half of Wednesday’s European session, following...

Despite Sterling sliding against many major currencies on Friday morning, the British Pound to South African Rand (GBP/ZAR) exchange rate rebounded. Investors sold risky emerging market currencies like the South African Rand amid concerns about slowing global growth, as well as expectations for a Federal Reserve interest rate hike next...

Wednesday’s session saw broad fluctuations in the British Pound to South African Rand (GBP/ZAR) exchange rate, as the latest Brexit developments spooked Pound investors while the South African Rand also plunged, due to the latest South African budget news. Despite its Wednesday afternoon surge, GBP/ZAR remains lower than the week’s...

Last week saw the Pound open trading against the Rand around ZA18.7752 on Monday and close slightly lower at a level of ZA18.4196 on Friday. This overall depreciation came after UK GDP growth missed forecasts – the yearly Q2 2018 reading rose from 1.1% to 1.2%, missing the expected 1.3% printing. Business investment stats proved...

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 1.9% on Sign of Brexit Breakthrough The Pound (GBP) has risen sharply against the South African Rand (ZAR) today, in addition to trading higher against most other currency peers. This recent surge in demand for Sterling has been caused by the latest Brexit developments...

On Thursday, the Pound opened trading against the South African Rand at a level of 18.5373 and closed slightly higher around 18.7123. This appreciation in the GBP/ZAR exchange rate was caused by the news that UK retail sales activity had risen in July, beating forecasts across the board. While this news raised confidence among GBP...

Tuesday’s trading session opened with the Pound to South African Rand exchange rate at a level of 17.4036. This proved to be a high point, as the Pound fell over the course of the day to close lower against the Rand at 17.2487. In a recurrent situation, the Pound’s losses against the Rand were caused by growing concerns that the UK...