South African Rand Forecasts

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20 August 2024 Pound to South African Rand Forecast: Risking Losses to 22.84

The Pound to South African Rand exchange rate has unraveled much of July’s rally already but it would risk falling further in the days ahead, and as far as roughly the 22.84 level, if the US Dollar…

31 January 2024 South African Rands Key Risk in 2024 is Political Says Nedbank

Nedbank expects the rand to remain under pressure until the uncertainties around the election and the fiscal trajectory have been resolved.

06 September 2022 South African Rand Subdued by Strong Dollar as Buoyant Sterling Aids GBP/ZAR

The Pound to Rand exchange rate rallied early in the new week as a rising U.S. Dollar weighed on other currencies while Sterling benefited from the appointment of a new UK Prime Minister, although …

17 May 2022 Pound to Rand Rate Vulnerable as Dollar Eases and Renminbi Rebounds

The Pound to Rand exchange rate has sat out a rally in Sterling and would likely be at risk of slipping back toward its May lows in the days ahead if China’s Renminbi furthers a nascent rebound and…

10 May 2022 Pound to South African Rand Rate Risking Slide Back to 19.45 Short-term

The Pound to Rand exchange rate has attempted to further its April rebound in recent trading but could struggle for upward momentum on any recovery above 20.00 and would be at risk of sliding back …

21 March 2022 South African Rand's Rollicking Start to 2022 to Fade, Forecasts Nedbank

The South African Rand has enjoyed a strong start to 2022 but this support is expected to fade over coming months according to local lender and investment bank Nedbank.

11 January 2022 South African Rand seeing Typical January Strength says Investec

Strong seasonal factors are ensuring the South African Rand is one of the stars of early 2022.

19 October 2021 South African Rand: Commerzbank Lower Forecasts

Investor confidence in the Rand has been permanently shaken by the July riots, while expectations for interest rate rises at the U.S. Federal Reserve will act as a global headwind to the currency.

27 July 2021 South African Rand's Dollar Problem Could See GBP/ZAR Nearing 20.82

The Rand has weakened in response to a turn higher in the U.S. Dollar that has pushed it beneath key levels of support on the charts and cultivated risk of further losses in the process, some of wh…

15 September 2020 South African Rand Seen Rising Further by Month-end but Thursday's SARB Decision a Banana Skin

The Rand charged higher alongside the Chinese Yuan and international stock markets on Tuesday but may rise even further before month-end, according to new research from Investec, although Thursday'…

30 June 2020 The South African Rand Remains On Road to Recovery, Analysts Say, after GDP Surprise

The Rand was rebounding from earlier lows at the start of the new month as global risk appetite picked back up and after having gotten no help from better-than-expected GDP data, although Inve…

05 December 2017 South African Rand Forecast to Struggle in 2018 say ING, Forecasts Show Pound Could Break 20.00 Level

Political and budget challenges could mean 2018 is another tough year for the Rand which could allow GBP/ZAR to break above 20.00.

01 April 2016 South African Rand a Buy Against the Japanese Yen

A strategy note out from Morgan Stanley suggests the rand is likely to benefit against the Japanese yen over coming weeks.

23 March 2016 South African Rand Faces Dramatic Rise as Inflation Surges

The South African rand could well strengthen over coming weeks as markets come to terms with the realisation that surging inflation must be answered by yet higher exchange rates.