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Pound to South African Rand Live Exchange Rates, Forecasts, News and Analysis


Top Story:

South African Rand’s Resilience Puts GBP/ZAR Under Pressure

South African Rand’s Resilience Puts GBP/ZAR Under Pressure


The South African Rand has shown resilience thus far in the new week even with the Dollar in demand ahead of an important Federal Reserve (FOMC) policy decision, which has put a lid on USD/ZAR and helped to send GBP/ZAR…


Data:

Live British Pound to South African Rand Exchange Rate(GBP/ZAR) Interbank Conversion:

What is the British Pound to South African Rand Rate Today?

The live GBP/ZAR exchange rate is 19.5952
Change on Previous Day's Close +0.0053%

How does Today's South African Rand Rate Compare with Previous Rates?

Today's opening exchange rate is 19.5894
Today's lowest exchange rate is 19.5377
Today's best exchange rate is 19.5979
Best exchange rate of the year-to-date is 23.2447 (07-08-2020)
The lowest exchange rate of the year-to-date is 18.876 (07-06-2021)

News and Forecasts:

South African Rand Resilient in Global Risk Rout as Charts Flag Consolidation

  • Written by James Skinner

South African Rand

The Rand outperformed a range of major currencies in the midweek session even as global stocks came undone and stability returned to major economy bond markets, although technical analysts studying the charts say a period of consolidation could be ahead in light of the South African currency’s barnstorming 2021 rally.

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South African Rand Slips on Commodities Dip, SARB Ahead

  • Written by James Skinner

SARB

The South African Rand slipped against major currencies early in the new week as commodities softened following a mixed bag of Chinese economic figures, pulling the currency further from late 2019 highs seen last week, although Thursday’s South African Reserve Bank monetary policy decision is key to the outlook.

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South African Rand Eyes New Milestone Highs

  • Written by James Skinner

Rand outlook

The Rand was within arm’s reach of new milestone highs against the Dollar on Wednesday and levels that could be sustainably achieved over the coming weeks if ongoing developments in the U.S. bond markets lead to renewed interest from international investors in the comparatively higher yielding South African assets.

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