28 February 2023 Pound to South African Rand Rally Extends On Sterling, Dollar and Data Risks

The Pound to South African Rand exchange rate was lifted by a tripartite of favourable influences early this week and might have scope to edge higher still but much depends on if Sterling and the D…

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24 February 2023 South African Rand Wobbled in Adverse Market Conditions after Greylisting

The South African Rand underperformed many other comparable currencies in adverse international market conditions ahead of the weekend and following a "greylisting" decision from the Financial Acti…

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22 February 2023 South African Rand's Budget Plan Cheered in Currency and Bond Markets 

The South African Rand rose broadly in mid-week trade while South African bond yields fell as financial markets cheered success and promises of further progress in the government's effort to improv…

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21 February 2023 Pound to South African Rand Rate Climbs as Energy Woe Risks Economic Disaster

The Pound to Rand exchange rate reached 18-month highs early in the new week amid a broad rally in Sterling and widespread losses for the Rand but GBP/ZAR could potentially rise further in the days…

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15 February 2023 South African Rand Struggles after Data Calls Time on SARB Rate Cycle

The South African Rand rose against an underperforming Pound in mid-week trade but lagged behind others after retail sales figures surprised on the low side of expectations and inflation numbers le…

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14 February 2023 Softer Rand and Stronger Sterling Brings 22.00 into View for GBP/ZAR

The Pound to Rand exchange rate built further on recent gains early this week and could have scope to reach two-year highs around the 22.0 handle up ahead if economic data remain conducive to a str…

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10 February 2023 South African Rand Could Rally 5% Or More if Energy Plan Pans Out - RBC 

The South African Rand was an underperformer among comparable currencies in the week to Friday but could rally by five percent or more if a recently announced plan to fill the national energy suppl…

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07 February 2023 GBP/ZAR Buoyant but Beware of SONA Surprise 

The Pound to Rand exchange rate has been quick to pare early February losses and third party central bank events may lead to further gains this week but there is also potentially the risk of a Stat…

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02 February 2023 Struggling South African Rand Tipped for Brighter Days Ahead 

The Rand struggled for traction in the penultimate session of the week as the Dollar pared earlier losses but some offshore analysts have tipped the South African currency as a buy and Wednesday's …

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