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Tuesday, October 6, 2020

GBP to ZAR Exchange Rate Tumbles Again as Risky Currencies Claw Back Losses

The British Pound to South African Rand (GBP/ZAR) exchange rate saw a jump in demand yesterday, despite the Pound’s broad weakness on fears of a second coronavirus lockdown. This was due to market risk-aversion leading to a Rand plummet, but as markets calmed slightly today the South African Rand has been clawing back some of its...

* This article was originally published here

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