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Pound Rand forecast page 7 - GBP ZAR

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

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Second Wave Fears Sends the Pound South African Rand (GBP/ZAR) Exchange Rate 1% Higher

15 Jun 2020 at 12 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Jumps 1% on Second Wave Fears The Pound Sterling South African Rand (GBP/ZAR) exchange rate jumped by around 1% on Monday morning. This left the pairing trading at around R21.5723. The risk-sensitive South African Rand struggled, opening weaker on Monday as investors sold off...

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Pound to South African Rand (GBP/ZAR) Exchange Rate Rises as South Africa Requests Loan from IMF

8 Jun 2020 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher as South Africa Economy Struggles The Pound to South African Rand (GBP/ZAR) exchange rate edged higher today, with the pairing currently trading around R21.36. The South African Rand (ZAR) has remained subdued today as South Africa’s economic recovery from the coronavirus looks to be much slower than...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as Traders Flock to Riskier Assets

3 Jun 2020 at 1 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slides as Investors Bet on Strong Economic Recovery The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.6% on Wednesday. This left the pairing trading at around R21.4569. The South African Rand was able to make gains today as investors continued to...

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Pound South African Rand (GBP/ZAR) Exchange Rate Rises as Investor Focus Shifts Back to Hong Kong’s New Security Law

28 May 2020 at 3 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Jumps as Beijing Imposes Security Law on Hong Kong The Pound Sterling South African Rand (GBP/ZAR) exchange rate rose by around 0.7% higher, leaving the pairing trading at around R21.4214. The risk-sensitive Rand edged lower against a weaker Pound on Thursday as global risk...

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Pound South African Rand (GBP/ZAR) Exchange Rate Slides Ahead of SARB Rate Decision

21 May 2020 at 1 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Falls Ahead of SARB Rate Decision The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.3%, leaving the pairing trading at around R21.8639. The South African Rand remained under pressure on Thursday as traders awaited this afternoon’s interest rate...

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Pound South African Rand (GBP/ZAR) Exchange Rate Falls as UK Set to Face Worst Downturn in 300 Years

7 May 2020 at 12 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Falls despite Dire ZA Business Confidence The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.7% on Thursday morning, leaving the pairing trading at around R23.0309. The South African Rand was able to make gains today despite data revealing that...

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Pound South African Rand (GBP/ZAR) Exchange Rate Plummets Over 1% as US-China Tensions Resurface

4 May 2020 at 4 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Plummets as The US Blames China for Coronavirus Pandemic The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by over -1%, leaving the pairing trading at around R23.2122. The Pound plummeted against the South African Rand today, as risk appetite amongst investors...

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Pound South African Rand (GBP/ZAR) Exchange Rate Falls Ahead of Wednesday’s Fed Meeting

28 Apr 2020 at 4 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slumps Ahead of Fed Meeting The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.5% this afternoon, leaving the pairing trading at around R23.2351. The South African Rand was able to edge higher against the Pound despite weakening earlier as traders...

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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

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...

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

15 Apr 2020 at 4 PM - Written by John Cameron

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...

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