Gbp latest forex news - ZAR - South African Rand rates, news, and tools
A looming issue will be the midterm budget speech latwst how the finance gbp latest forex news proposes to fund the certain growing fiscal deficit.
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Pound to rand value: Why has the rand slumped? The rand weakened slightly against most currencies in March compared with the previous month.
The rand was again stronger against most currencies in February compared with the previous month. The rand was again stronger against most currencies in January compared with the previous month.
The rand was considerably stronger against all currencies in December compared with the previous month. In Novemberthe rand ZAR rand was slightly stronger against nearly of the major developed and emerging market currencies.
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Description:South Africa's rand is undervalued and there's scope for the currency to strengthen to as much as 11 per dollar, says Colin Coleman, head of sub-Saharan Africa.