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
STORY LINK GBP to ZAR Exchange Rate Bounces Higher as South African Reserve Bank Cuts Rates
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 South African Rand (GBP/ZAR) Exchange Rate Gains as Investors Flock Back to Safety
16 Jul 2020 at 2 PM - Written by John Cameron
STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Gains as Investors Flock Back to Safety
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
GBP to ZAR Exchange Rate Jittery as Investors Await Bigger Coronavirus and Brexit News
6 Jul 2020 at 5 PM - Written by Frank Davies
STORY LINK GBP to ZAR Exchange Rate Jittery as Investors Await Bigger Coronavirus and Brexit News
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 Rises on Record Jump in Covid-19 Cases
22 Jun 2020 at 1 PM - Written by John Cameron
STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Rises on Record Jump in Covid-19 Cases
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
STORY LINK GBP to ZAR Exchange Rate Struggles to Hold Ground as UK Outlook Remains Gloomy
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