Page 4 - Pound Rand News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 13, 2021 - Written by Ben Hughes Despite the Pound rebounding as negative interest rate bets fade, the British Pound to South African Rand (GBP/ZAR) exchange rate is struggling for direction this week. The Pound is unable to sustain much further gains against the South African Rand, as the Rand rebounds from weeks of huge losses. Still, if the Rand rebound runs out of steam there may be more gains ahead for the pair. Following last week’s jump from the level of 20.11 to 20.75, GBP/ZAR has continued to trend with an upside bias this week. Yesterday, GBP/ZAR touched on a high of 21....

December 15, 2020 - Written by James Fuller The British Pound to South African Rand (GBP/ZAR) exchange rate has been struggling for direction this week so far. With Brexit uncertainties rising and coronavirus cases surging, markets are becoming more jittery and currency movement has been increasingly volatile. The Pound’s volatility is only likely to worsen as well, at least until there is some solid development in UK-EU Brexit negotiations, while the South African Rand will be focused on coronavirus news. Brexit fears and coronavirus vaccine hopes knocked GBP/ZAR much lower last week, as ...