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Wednesday, January 13, 2021

GBP/ZAR Outlook: Pound to Rand Exchange Rate Struggles to Advance as Rand Rebounding

Despite the Pound rebounding as negative interest rate bets fade, the British Pound to South African Rand (GBP/ZAR) exchange rate is struggling for direction this week. The Pound is unable to sustain much further gains against the South African Rand, as the Rand rebounds from weeks of huge losses. Still, if the Rand rebound runs out of steam...

* This article was originally published here

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