GBP ZAR exchange rate worsens on UK economic conditions – Rand bolstered by ANC losses...
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 Begins Recovery From Lows
Pound to Rand Exchange Rate Below 18.70 – Edges Upward on Friday BoE Rate Cut...
GBP ZAR Remains Strong after SARB Predicts 0% ZA Growth in 2016
GBP facing headwinds after Weale comments - BoE policymaker less hawkish GBP ZAR advancing on...
Pound South African Rand (GBP ZAR) Exchange Rate Nosedives on UK PMI Contraction
Pound crashes on PMI results – Contraction seen in all fields Historic rate of decline...
Pound South African Rand Exchange Rate Falters as UK Government Votes to Renew Trident
Pound South African Rand Exchange Rate Fluctuates with Both Currencies Weak – Soft Rand sees...
GBP ZAR Exchange Rate Trended Lower on Strong South African Retail Sales
Imminent appointment of new UK Prime Minister prompted Pound rally – Markets reassured by diminished...
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slips; Both Currencies Defying Headwinds
Pound stable on the whole – Confidence falls and trade deficit expands South African Rand...
GBP ZAR Bullish as Stricken South African Economy Concerns Investors
GBP ZAR strong despite UK weakness - More UK property funds suspended FTSE 250 languishes...
Pound South African Rand Exchange Rate Rallies Slightly as BoE Releases Stability Report
Pound South African Rand Exchange Rate Gains Despite GBP Weakness – Drop in gold and...
GBP ZAR Exchange Rate Recovers Some of its Losses as Markets Stabilise
GBP Exchange Rates Rebound on Consolidative Trade – Brexit selloff halts as markets settle ZAR...