South African Rand News Directory

Despite a negative assessment from rating's agencies the Rand traded relatively mutedly versus the Pound, although the chart remains bullish suggesting Rand losses may follow.

November 27,2017

• GBP/ZAR

The South African currency is at risk of a sell-off on Friday as rating agencies decide whether to downgrade the country's credit rating or not, with potentially devastating consequences for its currency.

November 23,2017

With the election of a new President and a worsening credit rating the prospects for South Africa and its currency do not look bright, however, some currency analysts are questioning how much lower it can go.

November 21,2017

A credit rating review of South Africa (SA), a meeting of the SA central bank and ongoing political risk suggest the possibility of volatility; whilst in the UK the chancellor unveils his autumn budget and charts still recommend more upside.

November 21,2017

The auction comes a week out from a November 24 review, which could see S&P and/or Moody’s cut South Africa’s local-currency rating beneath investment grade.

November 15,2017

The threat to South Africa's credit rating was raised Monday, heaping further pressure onto the Rand, government bonds and pushing GBP/ZAR to new highs.

November 13,2017

• GBP/ZAR

A compelling chart pattern favours a rise in the Pound-to-Rand in the week ahead, with political risks for both currencies potentially providing the high volatility drivers.

November 13,2017

Expectations of a sovereign downgrade had risen since October’s medium term budget statement, only to solidify in November following press reports that the Zuma government is preparing to rollout free higher education across South Africa.

November 9,2017