Rand Forecasts

19 December 2022 Pound to Rand Week Ahead Forecast: Ramaphosa Rally Brings 20.80 into View

The Pound to Rand pair entered the new the week on the back foot after the re-election of President Cyril Ramaphosa as leader of the African National Congress incited a rally in South African excha…

10 August 2022 South African Rand Could See GBP/ZAR Breaking 20.0 if Dollar Remains Stalled

The South African Rand climbed against most of the currencies in the G20 bucket during the opening half of the week and could lead GBP/ZAR to one month lows with a break back beneath the 20.0 handl…

04 July 2022 Pound to Rand Week Ahead Forecast: Risking Corrective Setback toward 19.47

The Pound to South African Rand exchange rate entered the new week close to three-month highs but would risk slipping back toward the 19.50 level or below in the days ahead if the Dollar remains so…

23 June 2022 Pound to Rand Rate Helped by Stronger Dollar but 19.90 Could Stymie

The Pound to Rand exchange rate has stabilised above the 19.0 handle with support from a turn higher by the U.S. Dollar but would likely struggle to advance beyond the nearby 19.90 level if USD/ZAR…

06 June 2022 Pound to South African Rand Rate Could Be Near Short-term Bottom

The Pound to Rand rate fell to its lowest for almost two months early in the new week but could be likely to stabilise above the nearby 19.27 level over the coming days after the South African curr…

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 April 2022 South African Rand: Credit Suisse Lower Forecasts

Swiss based investment bank Credit Suisse have lowered their forecasts for the South African Rand.

10 January 2022 Rand "Likely to Remain Under Pressure During 2022" - DG Capital

Expect a rand under pressure in 2022 and hedge your currency risk appropriately.

23 February 2021 South African Rand Outperforms as Budget Looms but 14.40-to-15.40 Range Seen Holding

The Rand outperformed on Tuesday with gains over many contemporaries even as developed world bond yields surged and global stocks came apart at the seams, although analysts say the recent 14.4…

06 January 2021 South African Rand Forecasts Eye 14.50-to-16.50 Range as GBP/ZAR Seen Holding 20.0

The Rand lost more ground to major developed and emerging currencies on Wednesday despite robust gains for risk assets including commodities, while some of the latest forecasts suggest USD/ZAR has …

22 September 2020 South African Rand in Comeback Mode as Forecasts Tell of Further “Significant” Gains Ahead

The Rand was in comeback mode Tuesday having outperformed major developed and emerging market rivals but the South African currency has significant scope to advance further in the months ahead, acc…

07 August 2020 South African Rand Crumples as "Very Fragile Three" Lead Emerging Market Rout

The Rand tumbled Friday as the Turkish Lira dragged emerging market currencies lower, encouraging a risk averse turn in sentiment ahead of the weekend that built on the back of crystalising hostili…

10 January 2019 Rand Continues to Reap What Fed has Sewn but Domestic Politics Mean Volatility Will Return

The Rand scored more gains over rivals Thursday as the South African currency continued to benefit from a U.S. Federal Reserve that's becoming more conscientious about the economic impact of its mo…

14 March 2016 South African Rand: The 6 Steps Needed to Secure the ZARs Long-Term Outlook

A preview of the week ahead for the South African rand, including news, events and forecasts. 