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Pound To Rand Rate: GBP Soars Vs ZAR Despite Shock 50bps SARB Hike

by GBP Editor
May 26, 2023
in GBP
Reading Time: 1 min read

The South African Rand (ZAR) slumped on Thursday, despite the South African Reserve Bank (SARB) surprising markets with an unexpected 50bps increase to interest rates. As the Rand is an extremely …

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  • USD and GBP: All you need to know - June 1, 2023
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  • GBP/USD Price Analysis: Oscillates above 1.2500 as US PMI contraction vs. solid Employment divides Fed - June 1, 2023
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