Mid-2018 UK Interest Rate Hike could Trigger GBP/ZAR Advance The Pound to South African Rand...
GBP to ZAR Exchange Rate News and Forecasts
After fairly static trading between 2010 and 2011, the Pound Sterling to South African Rand (GBP/ZAR) exchange rate rallied from 10.38 Rand to a high of 18.23 Rand in early 2014.
As an emerging-market currency, the Rand tends to depreciate in times of volatility and the GBP/ZAR pairing was able to record notable gains during the serious South African mining strikes in both 2013 and 2014. High levels of domestic unemployment and inflation concerns have also piled pressure on the South African Rand since the onset of the global economic crisis in 2008.
Please find our latest Pound Sterling to South African Rand (GBP/ZAR) exchange rate news and up-to-date currency forecasts below.
Pound to Rand Exchange Rate Forecast: GBP/ZAR could Drop if PMIs Worsen BoE Outlook
The Pound has fallen further against the South African Rand on Monday's trading session, with...
Pound to South African Rand Exchange Rate Forecast: GBP/ZAR Gains possible on BoE Meeting
The Pound has lost some of its sparkle on the afternoon of 1st February, seeing...
Pound to South African Rand Exchange Rate Forecast: Is GBP Rally Ahead on BoE Meeting?
Optimistic BoE Outlook could Inspire Rand to Pound Advance The Pound has made moderate gains...
Pound to South African Rand Exchange Rate Outlook Depends on South African Economic Developments
Pound to South African Rand Exchange Rate Recovers from Weekly Lows on Friday Despite the...
Pound to Rand Exchange Rate Forecast: GBP/ZAR Advance Possible on UK Wage Growth
Narrowing Gap Between Inflation and Wages could Trigger GBP/ZAR Exchange Rate Rally The Pound to...
Could Fresh SA Manufacturing Contraction Boost Pound South African Rand (GBP/ZAR) Exchange Rate Further?
Pound South African Rand (GBP/ZAR) Exchange Rate Strengthens on Market Risk Aversion A weakening sense...
GBP ZAR Exchange Rate Outlook Gloomy Despite Upbeat Services PMI
Pound South African Rand (GBP ZAR) Exchange Rate Fails to Capitalise on UK Services PMI...
Pound to Rand Exchange Rate could Rise on Immediate Brexit Progress
The Pound to Rand (GBP/ZAR) exchange rate has improved notably on Tuesday afternoon, with Sterling...
Pound South African Rand Exchange Rate Fluctuates on UK Jobs Data
The Pound South African Rand exchange rate has trended lower for most of the week...