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 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...
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...
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...
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...
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...
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...
Exchange Rate Forecasts for Pound Sterling, Euro, Rupee and Danish Krone
6 Feb 2015 at 11 AM - Written by John Cameron
Latest Forex Forecasts for the Pound to Euro, Rupee and Danish Krone Exchange Rates Yesterday’s session brought the announcement of another shock interest rate cut from Danmarks Nationalbank. The decision to trim its key lending rate to -0.75% from a previous -0.50% represented the fourth cut in the past three weeks by Denmark’s...
Pound Rises Against Indian Rupee as Market Sentiment Wanes
4 Feb 2015 at 8 PM - Written by Tim Boyer
The Pound advanced against the Indian Rupee as renewed worries over Greece’s negotiations with its creditors shook global market sentiment. Sentiment was weakened following reports that the European Central Bank (ECB) will be unwilling to back the New Greek government’s plans to renegotiate the terms of the nation’s huge bailout....
Pound Sterling to Rupee (GBP/INR) Exchange Rate Firms as Forex Markets Await FED
28 Jan 2015 at 9 PM - Written by David Woodsmith
The Pound Sterling to Rupee (GBP/INR) exchange rate made gains as market attention turns to the evenings US Federal Reserve policy meeting and as sentiment towards riskier assets was knocked by speculation that the West will impose new sanctions against Russia. Due to a lack of economic data releases from the UK and elsewhere, the GBP/INR...
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