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 18:38:48 Pound Rand Rate »
GBP/ZAR -0.23 Days Low Days High Last Daily
18.59233 -1.24% 18.49394 18.84689 18.82650

Daily Currency News: GBP/ZAR Exchange Rate Rises as UK Manufacturing Sector Grows

1 Oct 2018 at 3 PM - Written by Minesh Chaudhari

Last week saw the Pound open trading against the Rand around ZA18.7752 on Monday and close slightly lower at a level of ZA18.4196 on Friday. This overall depreciation came after UK GDP growth missed forecasts – the yearly Q2 2018 reading rose from 1.1% to 1.2%, missing the expected 1.3% printing. Business investment stats proved...

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Signs of UK-German Brexit Breakthrough Trigger Sharp GBP/ZAR Exchange Rate Rise

5 Sep 2018 at 3 PM - Written by James Fuller

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 1.9% on Sign of Brexit Breakthrough The Pound (GBP) has risen sharply against the South African Rand (ZAR) today, in addition to trading higher against most other currency peers. This recent surge in demand for Sterling has been caused by the latest Brexit developments...

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Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 0.9% on Rand Weakness

17 Aug 2018 at 3 PM - Written by Toni Johnson

On Thursday, the Pound opened trading against the South African Rand at a level of 18.5373 and closed slightly higher around 18.7123. This appreciation in the GBP/ZAR exchange rate was caused by the news that UK retail sales activity had risen in July, beating forecasts across the board. While this news raised confidence among GBP...

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Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises despite Brexit Concerns

8 Aug 2018 at 4 PM - Written by Frank Davies

Tuesday’s trading session opened with the Pound to South African Rand exchange rate at a level of 17.4036. This proved to be a high point, as the Pound fell over the course of the day to close lower against the Rand at 17.2487. In a recurrent situation, the Pound’s losses against the Rand were caused by growing concerns that the UK...

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Pound to South African Rand (GBP/ZAR) Exchange Rate Rises despite Disruptive Brexit Fears

30 Jul 2018 at 4 PM - Written by Frank Davies

Last week, the Pound to South African Rand exchange rate opened at a level of ZAR17.6225 on Monday and closed down lower at ZAR17.2606 on Friday. This week-long deterioration was down to growing concerns that the UK could face a ‘no-deal’ Brexit, which might necessitate stockpiling essential supplies due to disrupted supply...

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GBP/ZAR Exchange Rate News: Pound to Rand Advance Triggered by Rising US Dollar

26 Jul 2018 at 5 PM - Written by James Fuller

On Wednesday, the Pound opened trading against the South African Rand at a level of 17.4681 and later closed down lower at 17.3054. This decline in the value of the Pound was caused by a cautious trader reaction to Confederation of British Industry (CBI) data covering retail activity in July. The CBI’s distributive trades reading...

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Pound South African Rand (GBP/ZAR) Exchange Rate Tumbles as Trump Attacks UK’s Brexit Plans

13 Jul 2018 at 11 AM - Written by John Cameron

The Pound South African Rand (GBP/ZAR) exchange rate remains on the defensive this morning, following the pairing’s losses on Thursday following Trump’s attack on Theresa May’s Brexit plans. Pound (GBP) Plummets as Trump Dents Hopes for US Trade Deal The Pound South African Rand (GBP/ZAR) exchange rate came under heavy pressure...

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GBP to ZAR Exchange Rate Hits Six-Month-High as Emerging Market Selloff Continues

15 Jun 2018 at 2 PM - Written by Toni Johnson

Due to multiple disappointing South African ecostats over the past week, investors have become more concerned that South Africa’s economy will continue to struggle this year. The latest Federal Reserve news put additional pressure on risky emerging market currencies like the Rand, helping the British Pound to South African Rand (GBP/ZAR)...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Falls from Weekly Best as Rand Recovers

30 May 2018 at 3 PM - Written by Tim Boyer

A lack of supportive factors in Pound trade this week have made it difficult for the British Pound to South African Rand (GBP/ZAR) exchange rate to hold all of its weekly gains. With the US Dollar (USD) rally finally coming to an end, demand for the South African Rand has been much stronger. Despite this, GBP/ZAR remained above the...

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The Sterling-Rand Rate Climbs on Brexit Hopes and Market Risk-Aversion

18 May 2018 at 1 PM - Written by Minesh Chaudhari

Concerns about the Brexit process, as well as disappointment in Britain’s economic outlook, did little to stop the British Pound to South African Rand (GBP/ZAR) exchange rate from climbing this week. Instead, broad risk-aversion has weakened the Rand and helped the Pound to recover most of its recent losses against the Rand. Last week...

CATEGORIES: Pound Rand Forecasts