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

Pound to Indian Rupee (GBP/INR) Exchange Rate Forecast to Trend within Narrow Range as Crude Holds above $60, RBI Flirts with Rate Cut

24 Jun 2015 at 5 PM - Written by John Cameron

USD to INR Exchange Rate Gains as US GDP Revised The Pound to Indian Rupee (GBP/INR) exchange rate continued trending in a narrow range on Thursday ahead of the release of the Confederation of British Industry's Reported Sales figure. However, the USD to INR currency pair gained on Wednesday after the US annualized first quarter growth...

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Pound Sterling to Indian Rupee (GBP/INR) Exchange Rate Edges Lower Today Despite UK Sales Report

17 Jun 2015 at 2 PM - Written by Admin

FOMC Supports Rupee, GBP to INR Exchange Rate Static The appeal of emerging-market assets like the Indian Rupee increased on Thursday as the Federal Open Market Committee's (FOMC) latest policy statement indicated that interest rates may not be revised until December due to lacklustre domestic wage growth. As a result, the Pound Sterling...

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Pound to Indian Rupee Exchange Rate Firmer after mixed UK data

10 Jun 2015 at 3 PM - Written by James Fuller

Pound to Indian Rupee Firmer after mixed UK data The Pound Sterling to Indian Rupee exchange rate firmed to a session high following the release of mixed economic data out of the UK. The Indian currency meanwhile was experiencing light trading due to a lack of domestic market moving data releases impacting upon the currency’s movements....

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Pound to Indian Rupee Firmer after PMI data and Monsoon Forecast Downgrade

3 Jun 2015 at 3 PM - Written by Tim Boyer

Pound to Indian Rupee Firmer after PMI data and Monsoon Forecast Downgrade The Pound to Indian Rupee exchange rate inched higher even as UK Service sector PMI data came in below forecast. A similar report out of India also disappointed and the Rupee was also weighed upon by concerns that food prices will soar due to the downgrading of the...

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Pound to Indian Rupee Exchange Rate Firms on BoE Minutes

20 May 2015 at 4 PM - Written by Tim Boyer

Pound to Indian Rupee Exchange Rate Firms on BoE Minutes The Pound Sterling to Indian Rupee exchange rate firmed after Bank of England (BoE) policy meeting minutes showed that two members of the bank’s monetary policy committee thought about voting in favour of raising interest rates and that policy makers believe that the UK economic...

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Indian Rupee to Pound Sterling at Weakest Level since August 2014

13 May 2015 at 6 PM - Written by Frank Davies

Indian Rupee to Pound Sterling at Weakest Level since August 2014 The Indian Rupee weakened to its lowest level since August last year as disappointing domestic data out of India continued to weigh and as UK data beat forecasts. The Rupee slid in the previous session as year-on-year industrial production tumbled from the 4.87% recorded in...

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Pound to Indian Rupee Advances on Services PMI and Oil Price Rise

6 May 2015 at 11 AM - Written by Toni Johnson

Pound to Indian Rupee Advances on Services PMI and Oil Price Rise The Pound Sterling firmed against the Indian Rupee following the release of economic data, which showed that the UK’s services sector grew at its strongest pace in eight-months in April. The Indian currency also came under pressure as oil prices jumped to the highest...

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Indian Rupee Exchange Rate Forecast to Recover Against US Dollar

29 Apr 2015 at 2 PM - Written by Tim Boyer

Indian Rupee Forecast to Recover Against US Dollar The Indian Rupee has been weaker against its major peers over the past few sessions as the currency was negatively impacted by the earthquake in neighbouring Nepal and concerns that the strength of the Rupee is harming the nation’s exports. Against the Euro, the Indian Rupee has...

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Pound Sterling to Indian Rupee Advances on Monsoon Worries

22 Apr 2015 at 5 PM - Written by Frank Davies

Pound Sterling to Indian Rupee Advances on Monsoon Worries The Pound Sterling made gains against the Indian Rupee as concerns over a lacklustre monsoon season caused investors to raise their bets that food price inflation will spike sharply over the next month. The Indian currency was also under pressure from a lack of demand for riskier...

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Indian Rupee Advances against Pound Sterling as IMF Comments Support

15 Apr 2015 at 10 PM - Written by Frank Davies

Indian Rupee Advances against Pound Sterling as IMF Comments Support The Indian Rupee strengthened against the Pound Sterling and US Dollar as the currency continued to receive support from comments made by the International Monetary Fund (IMF), which said that India’s economic growth is likely to outpace China’s in 2016. According to...

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