The Indian Rupee is set to remain among the worst performing emerging market currencies for the foreseeable future according to analysts at TD Securities, who say lingering concerns about interest …
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From a technical perspective, the new, young, uptrend in GBP/INR which has been unfolding since the start of the year is forecast to remain intact, much will however depend on the outcome of this w…
Read more … →The Indian Rupee is facing another turbulent year and will likely depreciate significantly in the run up to May's general election, according to analysts at ING Group, who say external challenges a…
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Charts continue to show the GBP/INR pair remains in an established short-term uptrend, which, given the old adage that the trend is your friend, is more likely to continue higher than reverse.
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On a very short-term basis, it appears GBP/INR has successfully reversed and a new uptrend has been established.
Read more … →The Pound-to-Rupee rate received a brief flurry of support at the start of the new week but a broader downtrend remains in place and is likely to drag the exchange rate lower during the days and we…
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It's a strong start to the new week for the Pound against India's Rupee with the GBP/INR exchange rate trading higher at 88.61, however the gains merely take the pair to the upper end of a very tig…
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GBP/INR is trading in the 89.80s at the time of writing after having fallen almost 1.5% on Tuesday, following a massive drop in the price of crude oil - to which it is highly sensitive - which drov…
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The Rupee was little changed on the week by last Friday's close after recovering steep losses wracked up on Monday, but the currency's direction during the days ahead will be determined largely by …
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The Rupee will fall to new record lows against the Dollar in 2019, according to the latest forecasts from RBC Capital Markets, as political and economic headwinds return with vengeance to haunt the…
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