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1 GBP = 18.8286 ZAR

1 ZAR to GBP = 0.0531

Provider Indicative Rate Service Notes Action

Online Exclusive

Horizon Currency
18.7345 Online money transfers only. Strictly no holiday cash requests. Do-it-yourself transfers for easily the best exchange rate in the market.

International Money Transfers

Rational FX
18.6591 International Payments and Transfers Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent.

Cash Delivery / Holiday Money

Travel FX
18.6591 Holiday FX, Cash Delivery 0% Commission

Best Bank Rate

Banks
18.3014 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI Login to your online bank account

Worst Bank Rate

Banks
18.1696 Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt Login to your online bank account

Airport Pickup

Moneycorp
18.5462 Holiday FX, Cash Delivery Booking Online prior to pickup is the key to getting a good rate

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GBP/ZAR Live Chart and Data

Exchange Rate History For Converting British Pound (GBP) to South African Rand (ZAR)

2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012
Loading

Exchange Rate Today for Converting GBP To ZAR

Convert GBP:
To ZAR:
1
18.8286
10
188.2860
50
941.4300
100
1,882.8600
500
9,414.3000
1,000
18,828.6000
Convert GBP:
To ZAR:
2,500
47,071.5000
5,000
94,143.0000
7,500
141,214.5000
10,000
188,286.0000
50,000
941,430.0000
1,00,000
1,882,860.0000

Exchange Rate History for GBP To ZAR: 2018

January - 2018

SunMonTueWedThuFriSat
1

Open: 16.5085

Close: 16.7211

Mid: 16.5945

2

Open: 16.7404

Close: 16.9090

Mid: 16.7806

3

Open: 16.8861

Close: 16.7002

Mid: 16.8361

4

Open: 16.7005

Close: 16.6572

Mid: 16.6612

5

Open: 16.6418

Close: 16.6777

Mid: 16.6178

6
7

Open: 16.5845

Close: 16.6814

Mid: 16.6470

8

Open: 16.7268

Close: 16.7898

Mid: 16.7669

9

Open: 16.8022

Close: 16.6993

Mid: 16.7350

10

Open: 16.6882

Close: 16.7963

Mid: 16.8240

11

Open: 16.7960

Close: 16.7610

Mid: 16.7935

12

Open: 16.7622

Close: 16.9436

Mid: 16.8380

13
14

Open: 16.9515

Close: 16.9822

Mid: 16.9506

15

Open: 16.9828

Close: 16.9626

Mid: 16.9827

16

Open: 16.9617

Close: 16.8990

Mid: 16.9181

17

Open: 16.8974

Close: 17.0177

Mid: 16.9690

18

Open: 17.0070

Close: 16.8307

Mid: 16.9161

19

Open: 16.8435

Close: 16.8436

Mid: 16.7981

20
21

Open: 16.7154

Close: 16.7847

Mid: 16.6593

22

Open: 16.7675

Close: 16.8501

Mid: 16.8071

23

Open: 16.8507

Close: 16.8487

Mid: 16.8785

24

Open: 16.8455

Close: 16.8988

Mid: 16.9044

25

Open: 16.8980

Close: 16.8268

Mid: 16.8499

26

Open: 16.8635

Close: 16.6830

Mid: 16.8236

27
28

Open: 16.6894

Close: 16.7817

Mid: 16.7502

29

Open: 16.7756

Close: 16.8139

Mid: 16.8278

30

Open: 16.8125

Close: 16.9396

Mid: 16.8469

31

Open: 16.9366

Close: 16.8232

Mid: 16.8401

February - 2018

SunMonTueWedThuFriSat
1

Open: 16.8241

Close: 16.9004

Mid: 16.9051

2

Open: 16.8844

Close: 17.0342

Mid: 16.9911

3
4

Open: 16.8400

Close: 17.0118

Mid: 16.9161

5

Open: 17.0129

Close: 16.8866

Mid: 16.9347

6

Open: 16.8874

Close: 16.6626

Mid: 16.7758

7

Open: 16.6666

Close: 16.7356

Mid: 16.6498

8

Open: 16.7345

Close: 16.9251

Mid: 16.8277

9

Open: 16.9175

Close: 16.5488

Mid: 16.7127

10
11

Open: 16.5817

Close: 16.5987

Mid: 16.5984

12

Open: 16.6182

Close: 16.4849

Mid: 16.5212

13

Open: 16.4812

Close: 16.6068

Mid: 16.5639

14

Open: 16.6065

Close: 16.4195

Mid: 16.4500

15

Open: 16.4172

Close: 16.3818

Mid: 16.3817

16

Open: 16.3831

Close: 16.2910

Mid: 16.2598

17
18

Open: 16.2404

Close: 16.3028

Mid: 16.2314

19

Open: 16.2984

Close: 16.3311

Mid: 16.3186

20

Open: 16.3298

Close: 16.4139

Mid: 16.3829

21

Open: 16.4139

Close: 16.2373

Mid: 16.3086

22

Open: 16.2375

Close: 16.2686

Mid: 16.2527

23

Open: 16.2710

Close: 16.1207

Mid: 16.1438

24
25

Open: 16.0148

Close: 16.1546

Mid: 16.0788

26

Open: 16.1540

Close: 16.1487

Mid: 16.1741

27

Open: 16.1549

Close: 16.2829

Mid: 16.2298

28

Open: 16.2826

Close: 16.2146

Mid: 16.2686

March - 2018

SunMonTueWedThuFriSat
1

Open: 16.2121

Close: 16.3237

Mid: 16.3089

2

Open: 16.3234

Close: 16.4315

Mid: 16.4215

3
4

Open: 16.2315

Close: 16.4082

Mid: 16.3637

5

Open: 16.4305

Close: 16.3824

Mid: 16.4387

6

Open: 16.3818

Close: 16.4559

Mid: 16.3673

7

Open: 16.4168

Close: 16.4588

Mid: 16.4431

8

Open: 16.4531

Close: 16.4330

Mid: 16.4847

9

Open: 16.4363

Close: 16.3465

Mid: 16.3589

10
11

Open: 16.3229

Close: 16.3595

Mid: 16.3138

12

Open: 16.3633

Close: 16.4362

Mid: 16.3951

13

Open: 16.4308

Close: 16.4690

Mid: 16.4514

14

Open: 16.4726

Close: 16.4454

Mid: 16.4450

15

Open: 16.4448

Close: 16.5710

Mid: 16.5270

16

Open: 16.5804

Close: 16.6645

Mid: 16.6301

17
18

Open: 16.5990

Close: 16.6946

Mid: 16.6551

19

Open: 16.6973

Close: 16.8551

Mid: 16.8366

20

Open: 16.8544

Close: 16.7444

Mid: 16.7891

21

Open: 16.7523

Close: 16.7191

Mid: 16.7986

22

Open: 16.7143

Close: 16.7461

Mid: 16.7039

23

Open: 16.7553

Close: 16.5581

Mid: 16.6022

24
25

Open: 16.4542

Close: 16.5615

Mid: 16.5043

26

Open: 16.5622

Close: 16.5678

Mid: 16.5310

27

Open: 16.5658

Close: 16.5074

Mid: 16.5206

28

Open: 16.5004

Close: 16.5706

Mid: 16.5644

29

Open: 16.5669

Close: 16.5932

Mid: 16.6296

30

Open: 16.5917

Close: 16.4671

Mid: 16.5464

31

April - 2018

SunMonTueWedThuFriSat
1

Open: 16.2062

Close: 16.6115

Mid: 16.4109

2

Open: 16.6073

Close: 16.6464

Mid: 16.6253

3

Open: 16.6455

Close: 16.6380

Mid: 16.6282

4

Open: 16.6344

Close: 16.7235

Mid: 16.6912

5

Open: 16.7233

Close: 16.7921

Mid: 16.7563

6

Open: 16.7939

Close: 16.9224

Mid: 16.8765

7
8

Open: 16.9415

Close: 16.9382

Mid: 16.9001

9

Open: 16.9441

Close: 17.0840

Mid: 17.0130

10

Open: 17.0814

Close: 17.0679

Mid: 17.0833

11

Open: 17.0652

Close: 16.9586

Mid: 17.0319

12

Open: 16.9609

Close: 17.1622

Mid: 17.0453

13

Open: 17.1632

Close: 17.1755

Mid: 17.1696

14
15

Open: 17.1808

Close: 17.2069

Mid: 17.0346

16

Open: 17.2100

Close: 17.2737

Mid: 17.2441

17

Open: 17.2759

Close: 17.1318

Mid: 17.1779

18

Open: 17.1303

Close: 16.9345

Mid: 17.0547

19

Open: 16.9342

Close: 16.8526

Mid: 16.9058

20

Open: 16.8462

Close: 16.9158

Mid: 16.9030

21
22

Open: 16.9216

Close: 16.9307

Mid: 16.8260

23

Open: 16.9175

Close: 17.1946

Mid: 17.0765

24

Open: 17.1957

Close: 17.2381

Mid: 17.2035

25

Open: 17.2517

Close: 17.3409

Mid: 17.3449

26

Open: 17.3421

Close: 17.2280

Mid: 17.2826

27

Open: 17.2368

Close: 16.9589

Mid: 17.1122

28
29

Open: 16.9458

Close: 16.9660

Mid: 16.9835

30

Open: 16.9771

Close: 17.1342

Mid: 17.0670

May - 2018

SunMonTueWedThuFriSat
1

Open: 17.1325

Close: 17.2403

Mid: 17.2004

2

Open: 17.2457

Close: 17.2368

Mid: 17.2008

3

Open: 17.1768

Close: 17.0901

Mid: 17.1422

4

Open: 17.0986

Close: 16.8863

Mid: 17.0201

5
6

Open: 16.8724

Close: 16.9106

Mid: 16.9079

7

Open: 16.9220

Close: 17.0015

Mid: 16.9809

8

Open: 17.0007

Close: 17.0466

Mid: 16.9986

9

Open: 17.0467

Close: 17.0006

Mid: 17.0708

10

Open: 17.0063

Close: 16.6411

Mid: 16.8181

11

Open: 16.6401

Close: 16.4710

Mid: 16.5954

12
13

Open: 16.5047

Close: 16.6010

Mid: 16.5687

14

Open: 16.6045

Close: 16.7154

Mid: 16.6284

15

Open: 16.7186

Close: 16.9632

Mid: 16.8676

16

Open: 16.9722

Close: 16.8331

Mid: 16.8764

17

Open: 16.8332

Close: 17.0277

Mid: 16.9298

18

Open: 17.0239

Close: 17.1698

Mid: 17.0795

19
20

Open: 17.1482

Close: 17.1988

Mid: 17.1511

21

Open: 17.2021

Close: 17.0161

Mid: 17.1298

22

Open: 17.0152

Close: 16.8891

Mid: 16.9150

23

Open: 16.8897

Close: 16.6463

Mid: 16.7817

24

Open: 16.6510

Close: 16.6250

Mid: 16.6596

25

Open: 16.6255

Close: 16.5836

Mid: 16.6080

26
27

Open: 16.5620

Close: 16.6076

Mid: 16.5410

28

Open: 16.6061

Close: 16.5742

Mid: 16.5960

29

Open: 16.5769

Close: 16.8172

Mid: 16.6932

30

Open: 16.8183

Close: 16.6429

Mid: 16.7340

31

Open: 16.6426

Close: 16.8788

Mid: 16.7589

June - 2018

SunMonTueWedThuFriSat
1

Open: 16.8736

Close: 16.9048

Mid: 16.8410

2
3

Open: 16.9153

Close: 16.9297

Mid: 16.8202

4

Open: 16.9187

Close: 16.7342

Mid: 16.7969

5

Open: 16.7258

Close: 17.0863

Mid: 16.9075

6

Open: 17.0872

Close: 17.0598

Mid: 17.1423

7

Open: 17.0574

Close: 17.4147

Mid: 17.2718

8

Open: 17.4150

Close: 17.4792

Mid: 17.5709

9
10

Open: 17.4695

Close: 17.5190

Mid: 17.4831

11

Open: 17.5183

Close: 17.5831

Mid: 17.5324

12

Open: 17.5942

Close: 17.7924

Mid: 17.6937

13

Open: 17.7987

Close: 17.8070

Mid: 17.7607

14

Open: 17.8082

Close: 17.8250

Mid: 17.6901

15

Open: 17.8215

Close: 17.7999

Mid: 17.8080

16
17

Open: 17.7856

Close: 17.8168

Mid: 17.7602

18

Open: 17.8062

Close: 18.0954

Mid: 17.9679

19

Open: 18.1061

Close: 18.0878

Mid: 18.2405

20

Open: 18.0885

Close: 17.9882

Mid: 17.9949

21

Open: 17.9796

Close: 17.9835

Mid: 18.0087

22

Open: 17.9784

Close: 17.7833

Mid: 17.8729

23
24

Open: 17.7512

Close: 17.7764

Mid: 17.7092

25

Open: 17.7753

Close: 17.9671

Mid: 17.9310

26

Open: 17.9732

Close: 17.8755

Mid: 17.9359

27

Open: 17.8759

Close: 18.1858

Mid: 18.0705

28

Open: 18.1898

Close: 18.0126

Mid: 18.1025

29

Open: 18.0109

Close: 18.1045

Mid: 18.0718

30

July - 2018

SunMonTueWedThuFriSat
1

Open: 18.1013

Close: 18.1147

Mid: 18.0007

2

Open: 18.1213

Close: 18.1688

Mid: 18.1669

3

Open: 18.1824

Close: 18.0621

Mid: 18.1207

4

Open: 18.0595

Close: 18.0964

Mid: 18.0505

5

Open: 18.0938

Close: 17.8801

Mid: 18.0059

6

Open: 17.8940

Close: 17.8610

Mid: 17.8949

7
8

Open: 17.8525

Close: 17.8880

Mid: 17.8281

9

Open: 17.8771

Close: 17.7702

Mid: 17.7953

10

Open: 17.7654

Close: 17.7185

Mid: 17.7455

11

Open: 17.7189

Close: 17.9037

Mid: 17.8111

12

Open: 17.9030

Close: 17.5490

Mid: 17.7030

13

Open: 17.5476

Close: 17.3858

Mid: 17.4798

14
15

Open: 17.5191

Close: 17.5381

Mid: 17.4851

16

Open: 17.5326

Close: 17.4859

Mid: 17.5089

17

Open: 17.4886

Close: 17.4023

Mid: 17.4635

18

Open: 17.4023

Close: 17.3514

Mid: 17.3619

19

Open: 17.3517

Close: 17.6292

Mid: 17.4972

20

Open: 17.6371

Close: 17.5802

Mid: 17.5922

21
22

Open: 17.5486

Close: 17.6042

Mid: 17.5072

23

Open: 17.5924

Close: 17.6330

Mid: 17.6968

24

Open: 17.6326

Close: 17.4621

Mid: 17.5458

25

Open: 17.4609

Close: 17.2987

Mid: 17.3676

26

Open: 17.2987

Close: 17.3614

Mid: 17.3512

27

Open: 17.3607

Close: 17.2347

Mid: 17.2608

28
29

Open: 17.2320

Close: 17.2861

Mid: 17.2387

30

Open: 17.2801

Close: 17.2784

Mid: 17.2806

31

Open: 17.2665

Close: 17.3701

Mid: 17.2913

August - 2018

SunMonTueWedThuFriSat
1

Open: 17.3704

Close: 17.3418

Mid: 17.3964

2

Open: 17.3228

Close: 17.4984

Mid: 17.4834

3

Open: 17.4964

Close: 17.2964

Mid: 17.4138

4
5

Open: 17.2991

Close: 17.3421

Mid: 17.2955

6

Open: 17.3385

Close: 17.3920

Mid: 17.3527

7

Open: 17.3801

Close: 17.2421

Mid: 17.2973

8

Open: 17.2369

Close: 17.2591

Mid: 17.2426

9

Open: 17.2594

Close: 17.5650

Mid: 17.4032

10

Open: 17.5682

Close: 17.9641

Mid: 17.7779

11
12

Open: 17.9429

Close: 18.1655

Mid: 18.0634

13

Open: 18.1667

Close: 18.3430

Mid: 18.8564

14

Open: 18.4102

Close: 18.1584

Mid: 18.2033

15

Open: 18.1467

Close: 18.5270

Mid: 18.3753

16

Open: 18.5241

Close: 18.6997

Mid: 18.5543

17

Open: 18.7122

Close: 18.6564

Mid: 18.8319

18
19

Open: 18.6230

Close: 18.7996

Mid: 18.7136

20

Open: 18.8035

Close: 18.5790

Mid: 18.6074

21

Open: 18.5787

Close: 18.5714

Mid: 18.5030

22

Open: 18.5714

Close: 18.2902

Mid: 18.4324

23

Open: 18.2910

Close: 18.4398

Mid: 18.4460

24

Open: 18.4370

Close: 18.2948

Mid: 18.3289

25
26

Open: 18.2712

Close: 18.3109

Mid: 18.2710

27

Open: 18.2888

Close: 18.2600

Mid: 18.3109

28

Open: 18.2562

Close: 18.2701

Mid: 18.1775

29

Open: 18.2718

Close: 18.6910

Mid: 18.5144

30

Open: 18.6926

Close: 19.1218

Mid: 18.9680

31

Open: 19.1305

Close: 19.0087

Mid: 19.0340

September - 2018

SunMonTueWedThuFriSat
1
2

Open: 18.9793

Close: 19.0216

Mid: 18.8771

3

Open: 19.0205

Close: 19.1156

Mid: 19.0669

4

Open: 19.1152

Close: 19.7077

Mid: 19.4348

5

Open: 19.7091

Close: 19.8961

Mid: 19.8724

6

Open: 19.8774

Close: 19.7983

Mid: 19.8807

7

Open: 19.7942

Close: 19.6629

Mid: 19.6866

8
9

Open: 19.6284

Close: 19.7234

Mid: 19.6264

10

Open: 19.7218

Close: 19.7694

Mid: 19.6983

11

Open: 19.7928

Close: 19.6044

Mid: 19.6947

12

Open: 19.6074

Close: 19.4878

Mid: 19.5824

13

Open: 19.5027

Close: 19.3682

Mid: 19.3316

14

Open: 19.3696

Close: 19.4835

Mid: 19.3885

15
16

Open: 19.4956

Close: 19.5340

Mid: 19.4343

17

Open: 19.5359

Close: 19.6753

Mid: 19.6138

18

Open: 19.6827

Close: 19.5692

Mid: 19.5851

19

Open: 19.5704

Close: 19.2391

Mid: 19.3634

20

Open: 19.2447

Close: 18.9868

Mid: 19.0966

21

Open: 18.9876

Close: 18.6965

Mid: 18.8000

22
23

Open: 18.6790

Close: 18.7622

Mid: 18.6715

24

Open: 18.7679

Close: 18.8379

Mid: 18.7742

25

Open: 18.8376

Close: 18.8937

Mid: 18.8849

26

Open: 18.8939

Close: 18.6128

Mid: 18.7480

27

Open: 18.6129

Close: 18.4515

Mid: 18.5303

28

Open: 18.4508

Close: 18.4047

Mid: 18.4397

29
30

Open: 18.4067

Close: 18.3998

Mid: 18.3471

October - 2018

SunMonTueWedThuFriSat
1

Open: 18.4015

Close: 18.5370

Mid: 18.4546

2

Open: 18.5362

Close: 18.6311

Mid: 18.6063

3

Open: 18.6318

Close: 18.9444

Mid: 18.7740

4

Open: 18.9438

Close: 19.3274

Mid: 19.1829

5

Open: 19.3261

Close: 19.3550

Mid: 19.3127

6
7

Open: 19.3666

Close: 19.4557

Mid: 19.3843

8

Open: 19.4258

Close: 19.4520

Mid: 19.4685

9

Open: 19.4374

Close: 19.1618

Mid: 19.3663

10

Open: 19.1574

Close: 19.4914

Mid: 19.3089

11

Open: 19.4880

Close: 19.2904

Mid: 19.3765

12

Open: 19.2963

Close: 19.0641

Mid: 19.1329

13
14

Open: 18.7087

Close: 19.0409

Mid: 18.8754

15

Open: 19.0354

Close: 18.8579

Mid: 18.9584

16

Open: 18.8466

Close: 18.6937

Mid: 18.7800

17

Open: 18.6862

Close: 18.6607

Mid: 18.6444

18

Open: 18.6609

Close: 18.7906

Mid: 18.7198

19
20
21
22
23
24
25
26
27
28
29
30
31

November - 2018

SunMonTueWedThuFriSat
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

December - 2018

SunMonTueWedThuFriSat
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
For full historical data please visit: GBP/ZAR exchange rate history pages for the past 365 days
For full historical data please visit: GBP/ZAR exchange rate history pages for the year 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

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The Pound-to-South-African-Rand rate has reversed its previous downtrend and is now poised to extend its recent gains.

South African Rand Hammered by U.S. Treasury Yield Surge

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...

Latest British Pound News

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Pound Sterling Nurses Weekly Losses vs. Euro and Dollar as 'Brextension' Becomes Latest Threat to May's Leadership

18 October, 2018 |

A multi-week recovery in Pound Sterling has hit the skids as the currency suffers a run of bad luck in terms of Brexit: no breakthrough in negotiations is likely anytime soon is the message from E.U. and U.K. leaders despite frantic negotiating.

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Brazilian Real can Strengthen Further against the Pound

17 October, 2018 |

The Brazilian Real is rising against Sterling on expectations the right wing candidate in the presidential elections on October 28, Jair Bolsonaro, will win after his strong showing in a recent poll and his victory in the first round.

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The Pound Retreats on Inflation Fall but Impact vs. Euro and Dollar Likely to be Limited as the Squeeze on Consumers Ends

17 October, 2018 |

Pound Sterling was seen moving lower on the back of some disappointing inflation numbers for September that showed both headline and core inflation came in below expectati

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Brexit Deal Delayed but Pound Sterling Holds Ground vs. Euro and Dollar with Downside Risks Limited say SEB

17 October, 2018 |

Analysts at SEB upgrade their forecasts for the British Pound saying the current anxiety over Brexit negotiations appears misplaced as the E.U. and U.K. are now engaged in negotiating tactics and will ultimately do what is needed to cross the finish line.

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Volatile, Binary, Pound Outlook Leads to Surge in Demand for Option Contracts

16 October, 2018 |

The increasingly 'binary' outlook for the Pound is lending itself to a specific type of trading strategy which rewards big moves regardless of direction.

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Wage Boost: Pound Sterling Sent Higher Against Euro and Dollar as Pay Increases Hit 10-Year High

16 October, 2018 |

U.K. wages grew faster-than-expected in August according to the latest labour market statistics released by the Office for National Statistics, news that allowed Sterling to recover more of the losses suffered at this week's open.

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Pound Sterling Firms on Euro & U.S. Dollar, May Tells Lawmakers Brexit Divide can be Briged

15 October, 2018 |

Pound Sterling suffers a soft start to the week but Theresa May tells the Commons that the U.K. and E.U. have made progress on the Northern Ireland question in Brexit talks allowing markets to continue to expect a Brexit deal by year-end. 

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Update: British Pound Holds Ground but Brexit Deal Hinges on U.K Securing a Time Limit to the Backstop

11 October, 2018 |

Pound Sterling treads water as traders await news of a Brexit deal, allowing a strong comeback in the Euro and a number of other currencies to put it on the backfoot. Latest news is an U.K.-wide backstop being mooted.

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British Pound Faces Huge DUP Hurdle: Sterling Pauses vs. Euro and Dollar as Markets Await Key Brexit Make-or-Break Moment

11 October, 2018 |

The British Pound is resting near recently achieved multi-week highs against the Euro and multi-day highs against the U.S. Dollars with the market apparently adopting a wait-and-see approach to an imminent Brexit deal.

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U.K. Economy Stalls in August but still Set for Strong Finish to 2018

10 October, 2018 |

The Pound erased earlier gains and slipped lower Tuesday after official data highlighted strong momentum in the economy during the summer months but revealed a slowdown in growth during August.

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Rumours of Brexit Deal Announcement on Monday Pushes Pound Sterling to Fresh Highs

10 October, 2018 |

Pound Sterling is underpriced and will probably rise between 5% and 10% as Brexit risks subside, says Mike Amey, the head of Sterling portfolios at Pimco, the largest bond fund in the world.

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The Pound Suffers Profit-Taking, May Said to be Putting Brexit Talks on 'Go Slow'

08 October, 2018 |

Reports Monday concerning Brexit have given foreign exchange traders an excuse to trigger profit-taking on Sterling's recent multi-day rally.