Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Rupee exchange rate - GBP INR up along with Euro EUR and Dollar USD as Rupee continues to weaken

November 22, 2011 - Written by John Cameron

The Pound Rupee exchange rate GBP INR is trading at 82.163. The Euro Rupee exchange rate EUR INR is trading at 71.001. The Dollar Rupee exchange rate USD INR is trading at 52.431. The Dirham Rupee rate AED INR is trading at 14.292.

The Indian Rupee INR continues to fall against the major currencies and has hit an all time low against the US Dollar today.

The Pound Rupee rate GBP INR, Euro Rupee rate EUR INR and Dollar Rupee rate USD INR have all seen continual gains throughout the last 18 months, as the Rupee continues to weaken.

Investors, over the growing fear of the global fincancial crisis, are abandoning emerging markets in favour of the safer currencies such as the US Dollar.

In other news the UK public sector net borrowing figure has just been released today, set at 6.498 billion. The 10 year bonds figures show Spain overtaking Italy nearing the 7% danger zone.

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