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GBP to INR Forecasts

The Pound to Indian Rupee (GBP INR) exchange rate slumped this afternoon as Prime Minister Theresa May announced that she will trigger Article 50 next Wednesday, effectively beginning the Brexit process and starting two years of negotiations. The GBP INR rate fell to 80.95 following the announcement, down from a high of 81.22 earlier in [...]

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The Pound to Indian Rupee (GBP INR) exchange rate fluctuated on Monday as SNP leader Nicola Sturgeon announced she would be seeking a second referendum on Scottish Independence GBP INR is currently trading around 80.90 after briefly spiking to 81.22 earlier in the morning. The Pound (GBP) softened this afternoon as Scottish First minister Nicola [...]

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The Pound dropped by around -0.5% against the Indian Rupee as GBP suffered in the face of developments in the House of Commons. The Rupee, meanwhile, has been supported by an optimism-inducing growth forecast from PwC and the news that oil prices have slipped. Last week saw the Pound Rupee exchange rate deteriorate overall, with [...]

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The Pound to Indian Rupee (GBP INR) exchange rate tumbled Thursday afternoon after the Bank of England voted to leave monetary policy unchanged at its latest meeting. GBP INR is currently trading around 84.49 following the BoE policy meeting down from around 85.58 earlier this morning. The Pound (GBP) plummeted this afternoon as its members [...]

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Against all the odds, the Pound has risen dramatically against the Indian Rupee today, following a broad-based rally following a highly-anticipated speech from UK Prime Minister Theresa May. The Indian Rupee has failed to gain a foothold against the extremely desirable Pound and has dipped following a rise in the cost of crude oil. Last [...]

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Worries over the prospect of a hard Brexit weighed heavily on the GBP INR exchange rate in the early week, particularly as risk appetite was also generally elevated. Feathers were ruffled by Theresa May’s comment that the government was not interesting in holding onto ‘bits’ of its EU membership. This was seen to raise the [...]

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Upbeat UK Data Sends GBP INR Higher

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Date: January 3rd, 2017.

While these are very early days for 2017, the Pound Indian Rupee exchange rate has not been disappointing to investors, having risen to a rate of 83.89 on Tuesday’s trading session thanks to an unexpected surprise from domestic data. Fresh Indian economic news has been thin on the ground, leaving last year’s hangover of the [...]

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GBP/INR Edges Lower on Autumn Statement Jitters

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Date: November 23rd, 2016.

The Pound to Indian Rupee exchange rate edged lower on Wednesday despite the limp performance of the Indian Rupee, as investors sold off the Pound amid bearish expectations for Autumn budget statement. While GBP/INR does remain well above the week’s opening levels of 84.16 however. The Pound surged on Monday due to a small burst [...]

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GBP INR Volatile as Brexit Concerns Rumble On

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Date: November 17th, 2016.

The Pound to Indian Rupee (GBP INR) exchange rate has struggled to regain its recent losses as ‘Brexit’ sentiment remains low since the leaking of a supposed memo on Tuesday. GBP INR is currently trading at around 84.45 on the interbank market. The Pound (GBP) has suffered from further ‘Brexit’ uncertainty this week after Sterling’s [...]

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The Pound to Indian Rupee exchange rate has slipped throughout the week so far despite mixed demand for the Rupee, as Sterling was sold across on the board on the latest Brexit news. The pair began the week trading at around 86.2938 but fell on Monday. Its lows were extended on Tuesday as Rupee sentiment [...]

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