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Thursday, January 21, 2021

Pound South African Rand Exchange Rate Gains Ground on SA Retail Sales Contraction

Pound South African Rand Exchange Rate Rallies as SA Retail Sales Tumble As South African retail sales contracted further than forecast in November this helped to boost the Pound Sterling to South African Rand (GBP/ZAR) exchange rate. A -4% drop in sales on the year suggests that confidence among consumers remained...

* This article was originally published here

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