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South African Rand Forecast Directory - Page #17

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

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

19 Mar 2018 at 1 PM - Written by John Cameron

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

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

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

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

Recent South African Budget Speech Continues to Boost GBP/ZAR Exchange Rate

23 Feb 2018 at 3 PM - Written by Toni Johnson

STORY LINK Recent South African Budget Speech Continues to Boost GBP/ZAR Exchange Rate

The Pound Sterling to South African Rand exchange rate has tumbled today, although GBP is making solid gains elsewhere. The strength of ZAR can be seen in its performance against other major currencies; while the GBP/ZAR exchange rate has fallen -0.6% to 16.1543, the USD/ZAR exchange rate has fallen -1% and the EUR/ZAR pairing has dropped...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Surges Higher on Seventh Month of South African Manufacturing Sector Contraction

12 Jan 2018 at 12 PM - Written by Frank Davies

STORY LINK GBP ZAR Exchange Rate Surges Higher on Seventh Month of South African Manufacturing Sector Contraction

After a volatile week of trading the Pound South African Rand (GBP ZAR) exchange rate surged higher on Friday, spurred on by disappointing South African manufacturing data. As the ABSA manufacturing PMI slumped further than forecast in December, plunging from 48.6 to 44.9, this undermined confidence in the domestic outlook. With the...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Tumbles After Volatile Week

17 Nov 2017 at 5 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Tumbles After Volatile Week

Solid UK retail sales data and anticipation for Brexit developments couldn’t help the British Pound to South African Rand exchange rate to hold its ground on Friday. Weakness in the US Dollar (USD) led emerging market currencies like the Rand to strengthen. The pair saw volatile trade for most of the week. GBP/ZAR began the week at the...

CATEGORIES: Pound Rand Forecasts

GBP/ZAR Exchange Rate Rises as May Talks Up Brexit Success

6 Nov 2017 at 1 PM - Written by Toni Johnson

STORY LINK GBP/ZAR Exchange Rate Rises as May Talks Up Brexit Success

Last week, the Pound to Rand exchange rate rose from an opening rate of 18.5585 to close higher at 18.5986 on Friday. This wasn’t the best rate of the week, however, as the pairing hit a high of 18.8188 just before a Bank of England (BoE) policy announcement. GBP Trades Higher after PM Reassures on Brexit Preparedness The minor...

CATEGORIES: Pound Rand Forecasts

Higher UK Inflation Sparks UK Wage Squeeze Fears, Triggering GBP/ZAR Slide

17 Oct 2017 at 4 PM - Written by Frank Davies

STORY LINK Higher UK Inflation Sparks UK Wage Squeeze Fears, Triggering GBP/ZAR Slide

On Monday, the Pound saw a slight appreciation against the South African Rand. GBP opened trading around 17.6522, later ending daily trading in the region of 17.6634. This advance was triggered by optimism about the UK’s position in Brexit talks, although this positivity has since faded to a large extent. Pound to Rand Rate Advances...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Loses Ground Ahead of BoE Credit Report

11 Oct 2017 at 11 AM - Written by David Woodsmith

STORY LINK GBP ZAR Exchange Rate Loses Ground Ahead of BoE Credit Report

While worries over Theresa May’s future as Prime Minister eased somewhat over the weekend this failed to keep the Pound South African Rand exchange rate on a stronger footing for long. A sense of political uncertainty is continuing to weigh on the outlook of Sterling, with markets jittery as the latest round of Brexit talks draws towards...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Volatile Following BoE?s Credit Report

25 Sep 2017 at 12 PM - Written by John Cameron

STORY LINK GBP ZAR Exchange Rate Volatile Following BoE?s Credit Report

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

Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

4 Sep 2017 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

The pound to rand exchange rate has been in steady decline from early August highs where the pair touched 1 GBP = 17.51. GBP/ZAR, on Tuesday 5th September, is quoted at 16.76288. Decent UK data was not able to help the British Pound to hold its ground. The pair slipped due to strong South African trade and manufacturing results despite...

CATEGORIES: Currency Predictions Pound Rand Forecasts Pound Sterling Forecasts Forecasts

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