CAPE TOWN: GBP/ZAR rallied to its best conversion levels seen in two months after the US election saw EM currencies crash. The global currency exchange rate and stock markets expect President-elect Donald Trump to introduce policies, which will be inward focused. Increased fiscal stimulus is likely to stoke inflation and force the US Federal Reserve to hike rates faster than their present forecast, which will, in turn, boost the value of the dollar.
On Monday the Pound to South African Rand exchange rate (GBP/ZAR) converts at 18.095 Today finds the south african rand to pound spot exchange rate priced at 0.055. The ZAR to EUR exchange rate converts at 0.064 today. At time of writing the south african rand to indian rupee exchange rate is quoted at 4.666. Today finds the south african rand to us dollar spot exchange rate priced at 0.069.