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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 16:52:10 Pound Rand Rate »
GBP/ZAR -0.17 Days Low Days High Last Daily
21.4620030185 -0.77% 21.2691321323 21.654931536875 21.629260262175

Pound South African Rand (GBP/ZAR) Exchange Rate Sees Limited Gains on Fears of UK Job Losses

25 Sep 2020 at 1 PM - Written by Frank Davies

Underwhelmed Reaction to UK Chancellor’s Plan Limits Pound South African Rand (GBP/ZAR) Exchange Rate Strength Muted market reaction UK Chancellor Rishi Sunak’s newly announced Winter Economic Plan saw the Pound Sterling to South African Rand (GBP/ZAR) exchange rate falter. Investors were ultimately disappointed by the level of...

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GBP to ZAR Exchange Rate Tumbles Again as Risky Currencies Claw Back Losses

22 Sep 2020 at 4 PM - Written by Tim Boyer

The British Pound to South African Rand (GBP/ZAR) exchange rate saw a jump in demand yesterday, despite the Pound’s broad weakness on fears of a second coronavirus lockdown. This was due to market risk-aversion leading to a Rand plummet, but as markets calmed slightly today the South African Rand has been clawing back some of its...

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Near 2-Month-Worst for GBP to ZAR Exchange Rate after BoE and SARB Decisions

18 Sep 2020 at 2 PM - Written by Ben Hughes

Despite a lack of strong South African data lately, the South African Rand has been one of the best performing major currencies in recent weeks and the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending lower. Sterling has been attempting to rebound on Brexit hopes, but the pair’s movement has been dominated by...

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Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Retail Sales Fall More Than Expected

16 Sep 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Rangebound as Covid-19 Vaccine Hopes Buoy Rand The Pound to South African Rand (GBP/ZAR) exchange rate held steady today, with the pairing currently fluctuating around R21.208. The South African Rand (ZAR) failed to rise against Sterling today following a worse-than-expected South African Retail Sales report for...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Shakes off Stronger SA Manufacturing Production

11 Sep 2020 at 12 PM - Written by Frank Davies

Improved Manufacturing Production Not Enough to Dent Pound South African Rand Exchange Rate Stronger-than-expected South African manufacturing production figures were not enough to keep the Pound Sterling to South African Rand (GBP/ZAR) exchange rate from pushing higher on Thursday. While monthly production saw another solid uptick on...

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Pound to South African Rand (GBP/ZAR) Exchange Rate Steady as South African Economy Suffers From Strict Covid-19 Lockdowns

7 Sep 2020 at 3 PM - Written by John Cameron

GBP/ZAR Exchange Rate Rangebound as Analysts Expect ‘Very Big’ Contraction for South African Economy The Pound to South African Rand (GBP/ZAR) exchange rate held steady today, with the pairing currently trading around R22.022. The South African Rand (ZAR) suffered today following reports that the South African economy could have...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP to ZAR Exchange Rate Rebounds Again as Risk-On Rally Short-Lived

2 Sep 2020 at 4 PM - Written by Ben Hughes

After falling back from its best levels yesterday, the British Pound to South African Rand (GBP/ZAR) exchange rate is once again rebounding today. Markets have little reason to keep buying the Pound, but it has been able to gain against risk-correlated rivals as investors adjust positions on riskier assets in recent sessions. The South...

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GBP to ZAR Exchange Rate Pushed to Weekly Lows as South Africa Lockdowns Unwound

19 Aug 2020 at 4 PM - Written by Ben Hughes

Despite some stronger than expected UK data today, the British Pound to South African Rand (GBP/ZAR) exchange rate has spent most of the day slumping. Investors are returning to the South African Rand despite mixed market risk-sentiment, due to hopes that South Africa is reopening from its strict lockdown measures. Investors are also hesitant...

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GBP to ZAR Exchange Rate Slips Back from 3-Month-Highs amid Poor UK Data

11 Aug 2020 at 5 PM - Written by Ben Hughes

After another advance attempt at the beginning of the week, the British Pound to South African Rand (GBP/ZAR) exchange rate slipped back today. Investors were hesitant to keep buying the pair higher amid a lack of strong support for the Pound outlook, but the South African Rand remained overall unappealing due to global concerns about the...

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GBP to ZAR Exchange Rate Near 3-Month-Best as Risk-Aversion Keeps Rand Rattled

4 Aug 2020 at 3 PM - Written by Tim Boyer

While market demand for the Pound has softened so far this week, the British Pound to South African Rand (GBP/ZAR) exchange rate continues to climb. Investors are selling the risk and emerging market correlated South African Rand as global coronavirus ‘second wave’ fears intensify and more major economies are showing signs of being hit...

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