The GBP/INR rate was trading around 91.17 on Monday after rising more than half a percent in the previous week, although the outlook for the pair has turned bearish in recent days after a head…
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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 …
Read more →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…
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 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…
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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…
Read more →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…
Read more →The Rupee underperformed emerging world rivals Wednesday after the Reserve Bank of India hinted that it could take an extended break before raising interest rates again.
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The Rupee will be constrained in its recovery against the Dollar by domestic political uncertainty over coming months, according to some analysts, but others say 2019 could turn out to be a vintage…
Read more →The Rupee weakened against the Dollar in the final session of the week as markets await a crunch Reserve Bank of India (RBI) meeting scheduled for Monday, which will reveal whether Govern…
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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 Indian Rupee has a lot of positive factors supporting its outlook, says HSBC’s Asian FX Strategist, Alastair Pinder.
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The Indian government’s decision to scrap high denomination notes in order to crack down on counterfeiting and money laundering has had the unintentional effect of weakening the rupee.
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The Rupee continued to rise against the pound on Tuesday even after the Reserve Bank of India (RBI) decided to cut interest rates, a move which would normally be expected to weaken the Rupee.
Read more →The rupee may have weakened against the pound and the dollar on Monday due to data and macro-economic fears but longer-term the outlook and charts remains positive for the currency.
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The fall in the rupee following the appointment of the new governor of the Reserve Bank of India, Urjit Patel was surprising given his hawkish credentials. So what could explain it? And is it likel…
Read more →The pound to Indian rupee may have gained some ground in recent day’s due to the higher-than-expected UK Retail Sales data released on Thursday and concerns about Reserve Bank of India governor Raj…
Read more →The GBP/INR rate is in a steady down-trend after the Bank of England (BOE) announced a comprehensive monetary stimulus programme. The rate remained relatively unchanged after the Reserve Bank of In…
Read more →The Indian rupee is supported by rising growth and inflation which contrasts with the pound which remains floundering after its self-inflicted referendum wound.
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