Indian Rupee forecast - inr indian rupee rupee

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

Pound Rupee Exchange Rate Today: GBP/INR Falls on Royal Bank of India Raise Key Interest Rate

28 Jan 2014 at 4 PM - Written by David Woodsmith

The Indian Rupee (INR) has enjoyed a rare day of gains against Sterling, sending the Pound Rupee exchange rate (GBP/INR) down to as low as 103.48. The improvement for the Indian tender was driven by the surprise news that the Reserve Bank of India (RBI) had decided to raise its key interest rate from 7.75% up to 8.0%. However, gains for the...

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US Dollar rises as emerging markets rout

24 Jan 2014 at 11 AM - Written by Frank Davies

The US Dollar has made gains against the majority of its peers on Friday managing to edge away from a three-week low against the Euro as investors continue to sell off assets in emerging markets. Demand for safe havens such as the ‘Greenback’ climbed after the Argentine Peso saw its sharpest decline in 12 years and the Turkish Lira...

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Exchange Rate Forecasts: Euro (EUR), Pound (GBP), Rupee (INR), Lira (TRY), Rand (ZAR), Swiss Franc (CHF) & HK Dollar (HKD)

20 Dec 2013 at 5 PM - Written by John Cameron

The EURO (currency:EUR) has held steady against Sterling on the day, causing the Pound to Euro exchange rate to loiter around the 1.1970 GBP/EUR level. This morning’s German GfK Consumer Confidence survey beat expectations, suggesting that the eurozone’s premier economy remains in rude health. The longer the Pound to Euro stays below its...

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GBP EUR Exchange Rate Forecast To Gain, GBP INR Rate Goes Up

3 Dec 2013 at 4 PM - Written by John Cameron

A strong showing from this morning’s Purchasing Manager Index survey of the Construction sector of the UK economy brought more good news for the Pound Sterling. The November gauge of activity levels in Britain’s building sector, which many analysts are looking to in order to return UK PLC to economic prosperity, printed at 62.6, up from...

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Euro Currency Forecast: GBP EUR Exchange Rate Forecast To Climb if ECB Cut Key Lending Rate

2 Dec 2013 at 9 AM - Written by John Cameron

The Pound euro exchange rate ended last week’s session only slightly below its key level of technical resistance at 1.2048, but it managed to break through this importatnt level during early trading in last night's Asian session. The pair has attempted, and failed, to hold above the 1.2000 threshold on several distinct occasions since it...

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Foreign Exchange Forecasts: Pound Euro Rate To Dip, Pound Rupee Rate Breaks Higher

13 Nov 2013 at 10 AM - Written by David Woodsmith

The Pound euro exchange rate could incur further losses if today’s Bank of England Quarterly Inflation Report is downbeat. Meanwhile, GBP INR has registered healthy gains. The Pound to Euro exchange rate (GBP/EUR) is currently trading down by 0.72% at 1.1841 GBP/EUR. The Euro to Pound exchange rate is currently trading at 0.8445...

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Pound Rupee Exchange Rate (GBP/INR) Forecast To Spiral After ADB Growth Downgrade

3 Oct 2013 at 9 AM - Written by John Cameron

The Australian, New Zealand and Canadian Dollars remained under pressure yesterday following a downbeat assessment of the Asian economy by the Asian Development Bank (ADB). The Indian Rupee also lost ground on the day following the ADB’s warning on the detrimental effect which a cut to QE from the Fed would have on Asia’s economy. The...

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Indian Rupee Forecast: INR set for Best Exchange Rate Week of Year

13 Sep 2013 at 11 AM - Written by Minesh Chaudhari

The Indian Rupee is on track to make its biggest weekly gain since last November as optimism increased that a proposal by the new governor of India’s Central Bank will boost the supply of Dollars into the country. Raghuram Rajan took over as head of the Central Bank earlier this month and since he took the reins the Rupee has managed to...

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Foreign Currency Exchange Rate Predictions For GBP INR AUD USD

6 Sep 2013 at 6 PM - Written by John Cameron

The POUND STERLING has softened against almost all of the other sixteen most actively traded global currencies so far today. The Pound has enjoyed a good run in the markets over the past two weeks as investors’ focus rested on how soon the Bank of England might be able to tighten its monetary policy following a series of strong UK data...

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Pound to Euro & Rupee Exchange Rates Gain On Positive UK PMI Construction Data

3 Sep 2013 at 11 AM - Written by Ben Hughes

Evidence mounts that the British economy is healing following this morning’s positive UK PMI Construction survey. The news has sent GBP EUR higher, but Sterling has lost ground against the Australian Dollar overnight following the Reserve Bank of Australia’s failure to cut domestic interest rates. The Pound euro exchange rate (GBP/EUR)...

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