South African Rand Market Reports & Forecasts
Our regular forecasts and market reports on the South African Rand are the easiest way to keep up to date on the latest developments. Subscribe now to receive information on the political and economic events, currency rate changes and forecasts.
17 major banks have been accused of rigging the Rand for profit boosting. Banks including HSBC and Barclays could face hefty finds if found guilty.
Political events in South Africa are having an impact on the Rand. Whilst Brexit has been the main driver of GBP ZAR in recent months, further concerns could see a change in direction for current GBP ZAR exchange rates.
GBPZAR exchange rates are now 5% cheaper since last week. How will the FED’s decision to hike rates impact the Rand?
The South African Rand remains strong against the Pound despite the economy falling back into recession. ZAR sellers may want to make the most of current levels.
Recent Sterling weakness and the expectation the United States will not be raising interest rates in 2015 have helped the South African Rand to make some important inroads into the Pound, but will this last?
The South African Rand has made significant losses this week because of South Africa’s close ties to the Chinese economy. If you are looking to sell South African Rand (ZAR) in the near future making some plans sooner rather than later would be wise.
GBP/ZAR exchange rates nearly reached a record 20.00 during last week, but fell back as Sterling weakened following the UK interest rate decision.
Today currency report looks at yesterday’s UK retail sales data, US employment figures, Euro exchange rates and the affect on Rand of South Africa raising interest rates.
The table below shows the percentage movement of exchange rates over the last week along with the extra currency you […]
Sterling has weakened by more than 1% daily since Tuesday. This has mostly been attributed to positive news slowly filtering out from meetings between European leaders over the Greek debt crisis.