Indian Rupee forecast - inr indian rupee rupee

A round up of the latest Indian Rupee forecast news items from the Currency News desk.

Pound to Indian Rupee Exchange Rate Firms on UK Mortgage Approvals Data

25 Mar 2015 at 10 PM - Written by Tim Boyer

The Pound firmed from the previous sessions decline against the Indian Rupee as the UK currency received support from a better than forecast report on UK mortgage approvals. The Indian currency meanwhile weakened due to an increased demand for US Dollars from the nation’s importers. Earlier in the week, the Pound had weakened against the...

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Pound to India Rupee Exchange Rate Falls on UK Data & Budget

18 Mar 2015 at 11 PM - Written by Frank Davies

The Pound weakened against the Indian Rupee and declined against the majority of its most traded peers as political concerns over the May 7 general election and the publication of weaker than forecast wage growth data weighed upon sentiment for the UK currency. Data released by the London based Office for National Statistics (ONS) showed...

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Rupee Exchange Rate: GBP/INR at 1-Month Low on Positive Indian Data

12 Mar 2015 at 9 PM - Written by Toni Johnson

The Pound to Rupee exchange rate slipped to a 1-month low as economic data out of the Asian nation came in stronger than expectations. An improvement in sentiment towards riskier assets was also supporting the INR and other emerging market assets. Indian Industrial production was shown to have strengthened by 2.6% in January beating economist...

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Pound to Indian Rupee Exchange Rate Stronger as RBI makes shock rate cut

4 Mar 2015 at 8 PM - Written by Ben Hughes

The Pound advanced against the Indian Rupee after the Indian Central Bank surprised the markets by making another interest rate cut in an attempt to weaken what it deems an overvalued currency. The action also shows that the central bank is supporting the government’s plans to revive economic growth as inflation falls because of weaker oil...

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India Budget Forecast to Hold GBP INR Exchange Rate Steady, GBP AUD Awaits RBA Decision

2 Mar 2015 at 10 AM - Written by John Cameron

The first full budget from India’s new BJP-led government was delivered on Saturday and it contained more than a few surprises. India Announces Universal Benefits India’s Prime Minister Narendra Modi was swept to power on a wave of optimism last year with commentators hailing him as a pro-business saviour of India’s inefficient...

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Exchange Rate Forecasts for the Euro, Pound, Dollar and the Rupee

1 Mar 2015 at 10 PM - Written by John Cameron

Latest Pound Sterling Forecasts vs the Euro, Rupee and US Dollar German Inflation Data Fails to Help Euro Exchange Rate Friday morning’s German CPI inflation data showed well ahead of expectations at 0.1% versus an anticipated -0.3%. However, in a clear case of ‘what should go up and doesn’t go up, can only come down’, the...

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Indian Rupee at 2-Week High against US Dollar

25 Feb 2015 at 9 PM - Written by Frank Davies

The Indian Rupee advanced to its best level in two-weeks against the US Dollar after Federal Reserve Chairperson Janet Yellen suggested that an US interest rate rise is not likely to occur for some time yet. Her comments offered support and improved sentiment towards emerging market assets such as the Indian currency. In her semi-annual...

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Exchange Rate Forecasts for British Pound Sterling, Swiss Franc and Indian Rupee

23 Feb 2015 at 9 PM - Written by John Cameron

The Swiss Franc (currency:CHF) has endured a roller coaster ride against the Pound Sterling since the Swiss National Bank (SNB) shocked the markets by announcing that it was scrapping the minimum floor of 1.2000 on the EUR CHF exchange rate with immediate effect last month. The news was accompanied by the revelation by the SNB that it was set...

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Pound Sterling to Indian Rupee (GBP/INR) Exchange Rate Mixed in Quiet Session

11 Feb 2015 at 4 PM - Written by Ben Hughes

The Pound was experiencing mixed movement against the Indian Rupee in a session lacking market moving economic data releases. On Monday the Indian Rupee made gains against the Pound after data showed that Growth Domestic Product (GDP) in the Asian nation smashed economist forecasts by surging to 7.5% in the fourth quarter. As the week...

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Pound Sterling Forecast: GBP to Euro and Rupee Exchange Rate Outlook

9 Feb 2015 at 9 PM - Written by John Cameron

The Indian Rupee (currency:INR) has suffered some selling pressure during early trading this week, sending the GBP INR exchange rate up to an intraday high of 94.9240 during this morning’s European session in the currency markets. The Rupee has enjoyed a strong run since reforming Prime Minister Narendra Modi won last year’s general...

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