The Pound has made heavy losses against the South African Rand today, despite background optimism...
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 South African Rand Outlook Tumbles on Brexit and ANC Leadership News
The Pound South African Rand exchange rate plunged on Tuesday. Sterling failed to hold its...
Potential Agreement on Brexit Bill Sends GBP ZAR Exchange Rate on Bullish Rise
The United Kingdom is close to finalising the terms of the divorce bill it must...
Pound to Rand Exchange Rate Rises despite Issues Exposed by #Budget2017
The Pound has risen higher against the South African Rand on Thursday's trading session, from...
Pound Rand Outlook Rises amid Concerning South African Budget Presentation
South Africa’s new finance minister, Malusi Gigaba, handled his first budget presentation on Wednesday, and...
Future Currency Forecast: Pound to Rand Rate could Accelerate on Brexit Progress
The Pound has lost ground against the Rand on Thursday's trading session, owing to mixed...
Pound to Rand Forecast Bright after String of Pro-Rate Hike Comments
On the back of a trio of supportive statements, the Pound has recently risen by...
GBP ZAR Falls despite Uptick in UK Wage Growth and Retail Sales
Update, 17th August: Stronger-than-expected wage growth and UK retail sales figures have failed to improve...
GBP ZAR Rises as Investors Shrug off UK Confidence Data
The Pound South African Rand (GBP ZAR) exchange rate push higher this morning as markets...
Pound to Rand Prediction: Sterling Surge Possible on UK-US Trade Agreement
Thanks to optimism about a UK-US trade deal, the Pound has risen by almost 1%...