The Pound continues to weaken versus the Rupee, which is building on its gains in early 2017, although fundamentals are now not as rosey.
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The Pound to Rupee is weakening at the start of the new trading week.
Read more … →The Rupee fell temporarily by 20 paise following the RBI's decision to cut rates from 6.25% to 6.00% on Wednesday.
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The Pound to Indian Rupee has broken convincingly above an important trendline and looks poised to continue rising.
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The Pound to Indian Rupee is showing technical signs of strength as the new trading week begins.
Read more … →The market was surprised by the majority of leading central banker’s taking a hawkish view in Sintra, however, outside of the G10, currencies like the Rupee are more likely to weaken now the rhetor…
Read more … →The Pound to Rupee exchange rate has surged over recent weeks as political risk in the UK has eased leading to renaissance in the Pound.
Read more … →Sterling has lost ground against the Rupee due the bleak political outlook in the UK, an outlook which will be given form in the coming week when Theresa May’s government will be put to the test wi…
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The Rupee remains the ‘star’ of the Asian currency firmament based on economic fundamentals but actual price action sees the currency trapped within a range – against Sterling at least.
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The Pound has managed to hang onto gains made versus the Rupee since the April lows and has risen to above our 84.00 Rupee forecast.
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