Pound Rand forecast page 9 - GBP ZAR

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Flat after GBP’s Three-Day Rally The Pound Sterling South African Rand (GBP/ZAR) exchange rate was remained flat on Friday morning, leaving the pairing trading at around R19.2375. At the end of the week, Sterling edged lower against the Rand after its recent rally sparked by...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Reaches One-Month High The Pound Sterling South African Rand (GBP/ZAR) exchange rate rallied on Thursday morning as UK election optimism increased. The pairing is currently trading at around R19.2307. The Pound was provided with a further boost as optimism the Conservative Party...

After sliding throughout yesterday’s session and touching lows not seen in almost a month, the British Pound to South African Rand (GBP/ZAR) exchange rate rebounded this morning and saw a surge in demand. This has been due to both a surprisingly good UK poll for the ruling Conservative Party, as well as some highly concerning developments...

Stronger South African Trade Dents Pound Sterling South African Rand (GBP/ZAR) Exchange Rate The Pound Sterling to South African Rand (GBP/ZAR) exchange rate saw a sharp slump ahead of the weekend after a better-than-expected South African balance of trade. As the trade balance only narrowed to 3.09 billion, rather than falling into a...

The latest US-China trade optimism has been unable to offer much support to trade-correlated currencies like the South African Rand that are more correlated with emerging market movement, and as a result the British Pound to South African Rand (GBP/ZAR) exchange rate has only seen limited losses today. The Pound was tumbling against most...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate as Investors Looked for US-China Trade Progress The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.6% at the end of the week, leaving the pairing trading at around R18.8420. The South African Rand rallied against the Pound on Friday despite...

GBP/ZAR Exchange Rate Rangebound, South African Inflation Hits Near 9-Year Low The Pound South African Rand (GBP/ZAR) exchange rate held steady today, with the pairing currently trading around R19.062 despite weakening demand for riskier assets as US-China trade relations worsen over tariffs and increasing unrest in Hong Kong. However,...

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Rallies on UK Election Optimism The Pound Sterling South African Rand (GBP/ZAR) exchange rate jumped over 1% this afternoon, leaving the pairing trading at around R19.1381. Sterling rallied at the start of the week as the chance of Prime Minister Boris Johnson’s deal being...

The Pound Sterling to Rand exchange rate rose on Monday as risk appetite declined, leaving the pairing trading at around R19.0694. This morning, the Office for National Statistics (ONS) revealed the UK avoided falling into recession during the third quarter as annual growth increased by 1%. While this was the weakest rate of annual...

Despite a lack of strong support for the South African Rand, a combination of trade sentiment and Brexit developments left the British Pound to South African Rand (GBP/ZAR) exchange rate much weaker this afternoon. Fresh speculation that the UK government’s Brexit plans could be blocked and lead to a relatively long Brexit delay, as well as...