Currency News

Daily Exchange Rate Forecasts & Currency News

South African Rand Forecast Directory - Page #6

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

GBP to ZAR Exchange Rate Bounces Higher as South African Reserve Bank Cuts Rates

23 Jul 2020 at 4 PM - Written by Ben Hughes

Despite broad weakness in the Pound outlook, the British Pound to South African Rand (GBP/ZAR) exchange rate has rebounded today. As markets digest news that the South African Reserve Bank (SARB) cut South Africa’s interest rates to its lowest levels on record, the South African Rand came under fresh pressure. The latest UK data has done...

CATEGORIES: Pound Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Rises as Increasing Covid-19 Cases Dampen Risk Appetite

20 Jul 2020 at 3 PM - Written by John Cameron

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....

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Gains as Investors Flock Back to Safety

16 Jul 2020 at 2 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Rises as South African Coronavirus Cases Increase

10 Jul 2020 at 1 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Dips as Risk-On Sentiment Buoys ZAR

9 Jul 2020 at 5 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as Investors Take Profits Ahead of ZA Manufacturing Data

9 Jul 2020 at 11 AM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Jittery as Investors Await Bigger Coronavirus and Brexit News

6 Jul 2020 at 5 PM - Written by Frank Davies

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...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as ZA Records First Current Account Surplus in 17 Years

2 Jul 2020 at 12 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises on Record Jump in Covid-19 Cases

22 Jun 2020 at 1 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Struggles to Hold Ground as UK Outlook Remains Gloomy

19 Jun 2020 at 12 PM - Written by Ben Hughes

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...

CATEGORIES: Pound Rand Forecasts