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Thursday, February 11, 2021

GBP to ZAR Exchange Rate Tumbles to Month’s Worst despite UK’s Vaccine Optimism

Despite broad demand for the Pound in recent weeks, the British Pound to South African Rand (GBP/ZAR) exchange rate has been tumbling. Investors are buying the South African Rand on market sentiment even more than the Pound, despite South Africa’s own mixed coronavirus pandemic outlook. Investors have been more willing to take risks on...

* This article was originally published here

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