Currency News

Daily Exchange Rate Forecasts & Currency News

South African Rand forecast -

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 Rises as No 10 Reluctant to ‘Gamble Away’ Covid-19 Success

30 Apr 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on UK Lockdown Easing Plans The Pound to South African Rand (GBP/ZAR) exchange rate rose by 1% today after the British Government said it would not ‘gamble away’ success by prematurely easing its lockdown measures. The pairing is currently trading around R22.856. A spokesman for Downing Street...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as South Africa Reveals $25 Billion Stimulus Package

22 Apr 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Falls as Rand Investors Celebrate SA Stimulus The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.5% today, with the pairing currently trading around R23.20. The South African Rand (ZAR) rose today as markets continue to celebrate the nation’s unveiling of a $25 billion stimulus package. President...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as Rand Receives Moody’s Downgrade

30 Mar 2020 at 12 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher as Risk-Off Markets Weaken Rand The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.7% today after the credit ratings firm Moody’s downgraded the South African currency to ‘junk’ status. The pairing is currently trading around R22.075. Bianca Botes, a treasury partner at Peregrine...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally

20 Dec 2019 at 12 PM - Written by Tim Boyer

Despite a lack of notable South African data this week, the South African Rand has seen a generally strong performance due to the global market outlook and this has helped it to easily capitalise against a broadly weak Pound, pushing the British Pound to South African Rand (GBP/ZAR) exchange rate to its worst levels in months. The biggest...

CATEGORIES: South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Steady, US-China Trade Tensions in Focus

20 Nov 2019 at 5 PM - Written by John Cameron

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,...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Slumps as Johnson Threats to Freeze Withdrawal Agreement

25 Oct 2019 at 1 PM - Written by Frank Davies

Boris Johnson’s Election Push Drives Down Pound Sterling South African Rand (GBP/ZAR) Exchange Rate The latest comments from Boris Johnson saw the Pound Sterling to South African Rand (GBP/ZAR) exchange rate slump sharply ahead of the weekend. After threatening to pull the Brexit withdrawal agreement if Labour did not approve his...

CATEGORIES: South African Rand Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slumps Ahead of Boris’ First ‘Meaningful Vote’

18 Oct 2019 at 10 AM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as PM Insists he is 'Very Confident' The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped this morning, and the pairing is currently trading at around R19.0157. At the end of the week, the Pound retreated as doubts Prime Minister Boris Johnson’s Brexit deal will...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand Exchange Rate Rises, US-China Trade Uncertainty Weigh on South African Rand

7 Oct 2019 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher, Global Political Uncertainties Drags Down Rand The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.7% today, with the pairing currently trading around R18.667 after China removed key trade issues from the negotiation table with the US ahead of this week’s negotiations in Washington. As a...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Sinks as ZAR Benefits on Improved Risk-Sentiment

12 Sep 2019 at 2 PM - Written by John Cameron

GBP/ZAR Exchange Rate Eases as US-China Trade Relations Improve The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.6% today, with the pairing currently trading around R17.991 as ZAR improves on higher market risk-sentiment. The South African Rand (ZAR) has continued to benefit from the rating agency Moody’s indication that...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Eases as ZAR Benefits from Risk-On Trade

10 Sep 2019 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Down as US-China Trade Deal Hopes Increase The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.2% today, with the pairing currently trading around R18.192 following July’s SA manufacturing production index which eased from -3.6% to -1.1%. However, buying sentiment in the South African Rand (ZAR) has...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts