The Rupee recovered further from earlier record lows Wednesday aided by a weakening U.S. Dollar, but an ongoing feud between the Reserve Bank of India and the government means it the curr…
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The Pound's trend against India's Rupee remains bearish and we see the short-term downtrend as, on balance, marginally more likely to continue.
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The Reserve Bank of India's (RBI) independence is under threat from government intervention in the affairs of the bank and so too is the Rupee, because political meddling in the machinations o…
Read more … →The Pound's strong uptrend against the Indian Rupee has reversed and the GBP/INR pair is probably now in a new short-term downtrend.
Read more … →The Rupee has started the new week on the back foot and will remain vulnerable to losses during the months ahead, according to some analysts, but fresh action from the Reserve Bank of India&nb…
Read more … →The Rupee rose Tuesday amid a benign decline in the U.S. Dollar but respite from losses is likely to be brief and the outlook for the currency now depends heavily on the trajectory of oil prices, a…
Read more … →The Pound-to-Rupee rate is in an established uptrend and although it corrected lower last week, there is a strong chance this weakness will be short-lived and that the pair's uptrend will resume in…
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The Rupee pared gains Friday after inflation surprised on the downside for September, at the same time as Bank of America analysts warn of a protracted period of weakness for the Indian c…
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The Pound is forecast to continue its relentless climb versus the Indian Rupee in the week ahead.
Read more … →Peak on the horizon for oil should bring relief for INR as extremes in future's market positioning signals imminent decline for commodity and a final Elliot wave higher on the technical charts sugg…
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