GBP/ZAR to Fall if SARB Hikes Rates this Thursday
The Pound to Rand exchange rate has fallen from its seven-year highs and analysts expect it to fall even further if the South African Reserve Bank (SARB) succeeds in supporting its currency
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By Katie Oliver
The Pound to Rand exchange rate has fallen from its seven-year highs and analysts expect it to fall even further if the South African Reserve Bank (SARB) succeeds in supporting its currency
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030. Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For clients based in the United Kingdom and rest of the world, payment services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street, London, E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)