The Pound-to-Rupee rate was trading around 90.91 Monday after having closed the previous week relatively unchanged, after strenth in Sterling was offset by a recovery of the Indian Rupee, although …
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The Pound was trading at 91.06 Monday after falling over 2.8% in the previous week, although a bearish technical formation on the charts means the exchange rate could easily fall even further durin…
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A major driving force between recent strength in the Rupee appears to be foreign capital inflows as the carry trade becomes increasingly attractive.
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From a technical standpoint, the outlook for GBP/INR remains bullish with the pair still recovering after a pull-back from the January highs.
Read more … →The Rupee rebounded sharply against the Pound and U.S. Dollar Thursday after Prime Minister Imran Khan said Pakistan will release an Indian pilot whose plane was shot down this week, as a gesture o…
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The Indian Rupee can fall further against the Dollar over the coming weeks and months, according to strategists at Morgan Stanley, who've told clients to sell the currency a as tensions with Pakist…
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The Pound-to-Rupee rate was trading at 92.55 Monday after rising more than 0.5% in the previous week, which established a new short-term uptrend that could give the exchange rate cause to rise furt…
Read more … →From a technical standpoint the outlook for GBP/INR is marginally bullish. It is too early to say whether this week's recovery is game changing for the broader trend or not but the overall look and…
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The Pound-Rupee exchange rate has gone substantially lower over recent hours following the release of stronger-than-expected manufacturing and industrial production data on Tuesday morning, which s…
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The Rupee was resilient Thursday even after the Reserve Bank of India took the market by surprise with a cut to the official interest rate, although economists are saying the currency is now at ris…
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