What is the British Pound to South African Rand Rate Today? | |
| The live GBP/ZAR exchange rate is | 23.0795 |
| Change on Previous Day's Close | +0.07% |
How does Today's South African Rand Rate Compare with Previous Rates? | |
| Today's opening exchange rate is | 23.0633 |
| Today's lowest exchange rate is | 23.039 |
| Today's best exchange rate is | 23.0858 |
| Best exchange rate of the year-to-date is | 24.5934 (23-02-2024) |
| The lowest exchange rate of the year-to-date is | 22.4404 (07-11-2024) |
The Rand cruised higher against rivals in the final session of the week after the U.S. Dollar's advance was stemmed by an earlier sell-off in the American stock market, but Moody's latest credit rating decision now looms large over South Africa.
October 15,2018
The Rand recoiled from earlier losses and surged higher Tuesday after President Cyril Ramaphosa appointed a former governor of South Africa's central bank to the post of finance minister following the sudden resignation of his scandal-tainted predecessor.
October 10,2018
The Pound-to-South-African-Rand rate has reversed its previous downtrend and is now poised to extend its recent gains.
October 8,2018
The Rand ceded ground to the Dollar Thursday aftercomments from Federal Reserve (Fed) chairman Jerome Powell forced the emerging market currency complex onto its back foot but South Africa's unit will rise before year-end, according to analysts at MUFG.
October 5,2018
Noted investor El Erian says it is too early for investors to buy back into struggling emerging markets, as trade spats will continue and potentially grow bitter in the long-term. This leaves the SA Rand vulnerable due to current account deficit and commodity bias
October 4,2018
The Pound has started the week marginally higher versus the Rand but the broader short-term downtrend attaches a bearish bias to the forecast for GBP/ZAR and overall we think the probabilities favour further weakness rather than strength.
October 1,2018
The Rand extended its week-long run of gains into the Wednesday session but analysts are warning the South African currency will soon come under renewed pressure if the Federal Reserve sends a "hawkish" signal about U.S. interest rates to the market in its September policy announcement due at 19:00 London time.
September 26,2018
GBP/ZAR trend turns bearish short-term and the pair will probably fall to a region of several major moving averages if our technical studies hold true. The Rand will likely take cues from developments in global investor sentiment this week.
September 24,2018
The Rand rose Thursday as traders responded to a hawkish interest rate statement from the South African Reserve Bank (SARB) and the government's surprise announcement of an economic stimulus package set to be unveiled on Friday.
September 20,2018
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