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South African Rand Forecast Directory - Page #8

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

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

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

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 Flat as Investors Remained Cautious After Monday’s Oil Price Crash

21 Apr 2020 at 1 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Flat as Investors Remained Cautious After Monday’s Oil Price Crash

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Rises as Risk Appetite Slumps The Pound Sterling South African Rand (GBP/ZAR) exchange rate remained flat on Tuesday. This left the pairing trading at around R23.3479. The South African Rand remained muted against the Pound today, after Monday’s plunge in oil prices weighed on...

CATEGORIES: Pound Rand Forecasts

Surprise SARB Rate Cut Buoys Pound South African Rand (GBP/ZAR) Exchange Rate

15 Apr 2020 at 4 PM - Written by John Cameron

STORY LINK Surprise SARB Rate Cut Buoys Pound South African Rand (GBP/ZAR) Exchange Rate

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Jumps as SARB Slash Rates The Pound Sterling South African Rand (GBP/ZAR) exchange rate rallied by 0.8% this afternoon, leaving the pairing trading at around R23.2864. The South African Rand suffered steep losses against the Pound today after a surprise rate cut from the...

CATEGORIES: Pound Rand Forecasts

Slowing Coronavirus Deaths Sends the Pound South African Rand (GBP/ZAR) Exchange Rate Lower

6 Apr 2020 at 3 PM - Written by John Cameron

STORY LINK Slowing Coronavirus Deaths Sends the Pound South African Rand (GBP/ZAR) Exchange Rate Lower

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Falls as Risk Appetite Rises The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.9% on Monday afternoon, trading at around R23.0433. The Pound was able to rebound against a handful of currencies on Monday after suffering some losses overnight...

CATEGORIES: Pound 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

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

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 Continues Advances despite UK PM Boris Johnson Contracting Coronavirus

27 Mar 2020 at 12 PM - Written by Toni Johnson

STORY LINK GBP to ZAR Exchange Rate Continues Advances despite UK PM Boris Johnson Contracting Coronavirus

Investors continued to buy the British Pound to South African Rand (GBP/ZAR) exchange rate through the end of the week. The Pound continued to benefit from the market’s slightly stronger demand for riskier assets, but the Rand failed to capitalise at all. This is due to signs that South Africa is struggling with the coronavirus outbreak,...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Jittery as Both Currencies Hit by Coronavirus Concern

17 Mar 2020 at 1 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Jittery as Both Currencies Hit by Coronavirus Concern

Broad weakness in the South African Rand yesterday made it easier for the British Pound to South African Rand (GBP/ZAR) exchange rate to rise. However, movement has been more mixed today, with both currencies being hit by worsening concerns over the coronavirus pandemic in Britain and South Africa. Market anticipation for further developments...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Avoids Sharp Losses as Rand’s Bearish Run Continues

2 Mar 2020 at 3 PM - Written by Tim Boyer

STORY LINK GBP to ZAR Exchange Rate Avoids Sharp Losses as Rand’s Bearish Run Continues

Investors sold the Pound en masse when markets opened today, but despite this the British Pound to South African Rand (GBP/ZAR) exchange rate has been able to avoid significant losses as the South African Rand continues to see broad weakness of its own. Pound investors are becoming more concerned about rising Bank of England’s (BoE)...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Kept Volatile by Coronavirus Jitters

20 Feb 2020 at 3 PM - Written by Ben Hughes

STORY LINK GBP to ZAR Exchange Rate Kept Volatile by Coronavirus Jitters

While the Pound continued to tumble against many major currencies today, the British Pound to South African Rand (GBP/ZAR) exchange rate has been able to avoid significant losses. The South African Rand remains broadly unappealing overall due to concerns about South Africa’s economic outlook, even as the currency finds support in some...

CATEGORIES: Pound Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises despite Lowest Number of New Covid-19 Cases

12 Feb 2020 at 1 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Rises despite Lowest Number of New Covid-19 Cases

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Edges Higher on Weak ZA Data The Pound Sterling South African Rand (GBP/ZAR) exchange rate edged higher this morning. This left the pairing trading at around R19.2088. The Rand struggled against Sterling, despite the upswing in risk appetite after China reported the lowest number...

CATEGORIES: Pound Rand Forecasts

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