Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Rand forecast - GBP ZAR

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

LIVE EXCHANGE RATE 22:52:08 Pound Rand Rate »
GBP/ZAR +0.01 Days Low Days High Last Daily
17.65512 +0.06% 17.60186 17.76035 17.64387

GBP ZAR Exchange Rate Loses Ground Ahead of BoE Credit Report

11 Oct 2017 at 11 AM - Written by David Woodsmith

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...

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

4 Sep 2017 at 8 AM - Written by David Woodsmith

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...

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GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

27 Aug 2017 at 9 AM - Written by Frank Davies

The pound to rand exchange rate has seen a strong start to the new week, quoted at 16.85377, 0.35 per cent higher than the day's open. The South African currency is also seen lower than both the euro and the US dollar. Although the second revision of the second quarter UK gross domestic product showed no change in the headline growth...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts Pound Sterling Forecasts

Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation...

CATEGORIES: Currency Predictions Pound Rand Forecasts

Pound to Rand Exchange Rate News: Today's Value at Lows not Seen Since Late July

17 Aug 2017 at 12 PM - Written by Frank Davies

The Pound to Rand exchange rate is currently valued at just 16.93454, ending the week at fresh lows not seen since late July this year. GBP Advances as Traders Process UK Sales Slowdown The Pound has fluctuated significantly today, moving on a rollercoaster-like pattern because of trader reactions to UK retail sales figures. In July,...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Extends Gains on Rate Hike Speculation Ahead of BoE Comments

11 Jul 2017 at 12 PM - Written by David Woodsmith

Ahead of the latest commentary from Bank of England (BoE) policymakers the Pound South African Rand exchange rate strengthened sharply. Investors were encouraged to pile back into Sterling in anticipation of comments from deputy governor Ben Broadbent, who has yet to air his opinions in the wake of June’s unexpectedly split policy...

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GBP ZAR Exchange Rate Near Monthly Lows after Surprise UK GDP Slowdown

25 May 2017 at 3 PM - Written by Frank Davies

The Pound’s poor performance today follows the release of second estimates for UK GDP growth in the first quarter. On the positive side, the annual estimate has been revised up from 1.9% to 2%; this notably fell short of the predicted 2.1%. The more impactful and damaging news, however, has been that quarter-on-quarter growth has been...

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GBP ZAR Exchange Rate Surges on Surprise UK Unemployment Rate Drop

17 May 2017 at 4 PM - Written by James Fuller

The Pound’s significant gains against the Rand come after a mixed UK data release, which brought historically positive and negative results. On the supportive side, UK unemployment in March dropped from 4.7% to 4.6%, bettering forecasts for no movement. This put unemployment at a historic low, while the percentage of employed persons has...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP ZAR Exchange Rate Surges on UK Election Speculation

19 Apr 2017 at 3 PM - Written by Toni Johnson

The GBP ZAR exchange rate has surged over the last 24 hours following the surprise announcement from Prime Minister Theresa May that she is seeking to hold an early general election on the 8th of June. In her announcement the PM reasoned that her decision to call an early election was due to the political split in parliament saying that...

CATEGORIES: Pound Rand Forecasts

GBP ZAR Exchange Rate Tight on Zuma Questioning

16 Mar 2017 at 4 PM - Written by Toni Johnson

The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013. Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts