British Pound/South African Rand (GBP/ZAR) Exchange Rate
GBP/ZAR Pivot Points
GBP/ZAR Latest Updates
After the UK released disappointing retail sales for February, the GBP/ZAR continued its recovery on the back of weakness in the South African Rand.
South Africa has limited options to stimulate its troubled economy through Covid-19 and the collapse in oil prices.
Trade negotiations between the EU and the UK are under new time pressure after the UK government announced that if no progress has been made
This week’s economic data out of South Africa provided clear evidence of how the Eskom crisis damaged the economy.