Pound Rand forecast page 6 - GBP ZAR

GBP/ZAR Exchange Rate Edges Higher as Doubts Grow for South Africa’s Economic Recovery The Pound to South African Rand (GBP/ZAR) exchange rate rose by 0.9% today, with the pairing currently trading around R21.11. The South African Rand (ZAR) suffered today after a global surge of Covid-19 infections dampened risk-sentiment....

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Rises as China’s Data Pours Water on Previous ZAR Rally The Pound Sterling South African Rand (GBP/ZAR) exchange rate edged around 0.4% higher on Thursday as risk appetite slumped. This left the pairing trading at around R20.9422. The South African Rand weakened today, pausing...

GBP/ZAR Exchange Rate Edges Higher as South Africa’s Economic Outlook Darkens The Pound to South African Rand (GBP/ZAR) exchange rate rose by 0.7% today, with the pairing currently trading around R21.37. The South African Rand (ZAR) has continued to struggle today after yesterday saw the latest South African Manufacturing Output...

GBP/ZAR Exchange Rate Sinks Despite Plummeting South African Manufacturing Production Data The Pound to South African Rand (GBP/ZAR) exchange rate dipped today, with the pairing currently trading around R21.33. The South African Rand (ZAR) rose today as global economic recovery hopes lifted risk-on sentiment, boosting the risk-averse...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slides as Optimistic Traders Buy into Riskier Assets The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.2% on Thursday morning. This left the pairing trading at around R21.3088. The Rand was able to make gains against the Pound today as markets...

Investors have been hesitant to move too much on the British Pound to South African Rand (GBP/ZAR) exchange rate since markets opened this week. The Pound outlook remains clouded in coronavirus and Brexit uncertainties, but investors are also anxious over how South Africa’s own recovery from the pandemic is unfolding. On top of this, mixed...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slumps on Upbeat ZA Trade Balance The Pound Sterling South African Rand (GBP/ZAR) exchange rate edged -0.4% lower today, leaving the pairing trading at around R21.1595. The South African Rand rose on Thursday as investors were optimistic after a report suggested a coronavirus...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Jumps 1% as Covid-19 Cases Continue to Rise The Pound Sterling South African Rand (GBP/ZAR) exchange rate traded around 1% higher, leaving the pairing trading at around R21.5788. The South African Rand remained under pressure today as investors remained cautious as they attempt...

Despite various factors weighing on the Pound outlook, the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending higher this week. The South African Rand is being hit hard by markets looking for safer investments, as fears of a ‘second wave’ of coronavirus infections worsen. Looking ahead to next week, key data...

A lack of strong support for the Pound made it more difficult for the British Pound to South African Rand (GBP/ZAR) exchange rate to hold its ground today. Some hopeful coronavirus and Brexit developments have not been enough to keep the Pound buoyed, as a rise in market risk-sentiment helps the South African Rand to recover some of today’s...