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

Pound South African Rand (GBP/ZAR) Exchange Rate Up Nearly 1% on Eskom Crisis

19 Feb 2019 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Soars on South African Economic Concerns The Pound South African Rand (GBP/ZAR) exchange rate soared 0.9% higher today, and is currently trading in the region of R18.3906. The South African Rand is coming under considerable pressure today as the South African government continues to provide financial support to South...

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

Pound South African Rand (GBP/ZAR) Exchange Rate Soars as South African Retail Figures Drop

13 Feb 2019 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Climbs Above 1% as South African Retail Sales Plummets The Pound South African Rand (GBP/ZAR) exchange rate soared to over 1% today and is currently trading around R17.9354 on the inter-bank market. Sterling (GBP) gained on the South African Rand (ZAR) today following the publication of South African retail sales...

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

Pound South African Rand (GBP/ZAR) Exchange Rate Steadies as UK Mortgage Approvals Fall

30 Jan 2019 at 2 PM - Written by John Cameron

GBP/ZAR Exchange Rate Rangebound as May to Return to Brussels after Brexit Vote The Pound South African Rand (GBP/ZAR) is rangebound today and is currently trading at RA17.7970 on the inter-bank market. Sterling (GBP) steadied against the South African Rand (ZAR) today after last night’s parliamentary vote on Prime Minister Theresa...

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

US Dollar South African Rand (USD/ZAR) Exchange Rate Stumbles in spite of Easing Chinese Growth

21 Jan 2019 at 4 PM - Written by Frank Davies

Slowing Chinese Growth Fails to Boost US Dollar South African Rand (USD/ZAR) Exchange Rate News that China’s economy lost further momentum in the fourth quarter of 2018 was not enough to shore up the US Dollar to South African Rand (USD/ZAR) exchange rate. As the Chinese gross domestic product eased from 6.8% to 6.6% the world’s...

CATEGORIES: South African Rand Forecasts

Pound to Rand (GBP/ZAR) Exchange Rate Slides as UK Inflation Slows to 20-Month Low

19 Dec 2018 at 1 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Steadies as BoE Haskel Proves Dovish

26 Jun 2018 at 4 PM - Written by John Cameron

Soon-to-be Policymaker Johnathan Haskel Talks down Pound (GBP) Exchange Rates The Pound South African Rand (GBP/ZAR) exchange rate steadied on Tuesday, limited by some dubiously dovish comments from soon-to-be policymaker Johnathan Haskel. Mr Haskel – set to replace known hawk Ian McCafferty on the 1st of September - warned against...

CATEGORIES: South African Rand Forecasts

Pound to South African Rand Exchange Rate Rallies After Brexit Transitional Deal Agreement

19 Mar 2018 at 1 PM - Written by John Cameron

Last week, the Pound to South African Rand exchange rate steadily rose from an opening level of 16.3919 on Monday to close higher around 16.7017 on Friday. The only UK event of note was Tuesday’s spring statement, which saw Chancellor Philip Hammond make cautiously optimistic predictions about future UK economic growth. There were a...

CATEGORIES: South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Slips as South African GDP Beats Expectations

6 Mar 2018 at 3 PM - Written by Toni Johnson

South African Rand (ZAR) Exchange Rates Trade Higher as SA GDP Smashes Forecasts The Pound South African Rand (GBP/ZAR) exchange rate stumbled on Tuesday, falling as markets reacted to an upbeat GDP reading for South Africa. According to StatsSA and Statistician-General of South Africa, Risenga Malukeke, the nation’s GDP grew by 3.1%...

CATEGORIES: South African Rand Forecasts

GBP ZAR Exchange Rate Volatile Following BoE’s Credit Report

25 Sep 2017 at 12 PM - Written by John Cameron

The Pound South African Rand (GBP ZAR) exchange rate has fluctuated this morning as the Bank of England (BoE) released its latest consumer credit report. Pound (GBP) Stumbles on FPC Stability Report Sterling found its attempts to rally from its losses at the end of last week cut short this morning as the BoE’s Financial Policy...

CATEGORIES: South African Rand Forecasts

GBP ZAR Exchange Rate Slips as Markets Reassess BoE Rate Hike Odds

16 Jun 2017 at 1 PM - Written by Ben Hughes

As the Bank of England (BoE) proved unexpectedly divided at its June policy meeting the Pound South African Rand exchange rate was prompted to trend sharply higher. Markets had anticipated just one dissenting vote at the meeting, leading investors to pile back into Sterling when the minutes revealed that three policymakers were in favour...

CATEGORIES: South African Rand Forecasts