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Pound Rupee forecast - GBP INR

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

Pound to Indian Rupee Exchange Rate (GBP/INR) Rises 0.3% on 2019 Rate Hike Hopes

1 Nov 2018 at 4 PM - Written by David Woodsmith

Wednesday saw the Pound open trading against the Indian Rupee at a level of INR93.6148 in the morning and later close at a higher exchange rate of INR94.5870. Yesterday saw an apparent Brexit hiccup on the part of Brexit Secretary Dominic Raab, which led to a sharp GBP/INR exchange rate rise. A letter sent by Mr Raab suggested that...

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GBP to INR Exchange Rate Jumps to Yearly High Thanks to Barnier’s Brexit Comments

10 Sep 2018 at 3 PM - Written by David Woodsmith

The Pound’s bullishness continued on Monday, thanks to yet more bullishness from EU Chief Negotiator Michel Barnier. Barnier’s comments helped the British Pound to Indian Rupee (GBP/INR) exchange rate to touch its best levels in over a year, as the Indian Rupee continues to see broad losses. Last week saw GBP/INR climb solidly thanks...

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Pound to Indian Rupee (GBP/INR) Exchange Rate Drops -0.3% after UK Consumer Confidence Slides

31 Jul 2018 at 5 PM - Written by Tim Boyer

Monday saw the Pound to Indian Rupee exchange rate open in the region of 89.9734 and after daily fluctuations, close up slightly higher around 90.2067. There was limited high-impact UK economic data out on Monday, so instead the GBP/INR exchange rate was boosted by speculation about the Bank of England (BoE). The UK central bank will...

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GBP to INR Exchange Rate Hits Multi-Week-High as UK Services Report Beats Forecasts

4 Jul 2018 at 3 PM - Written by Toni Johnson

While the Indian Rupee has rebounded from its recent lows against the US Dollar this week, its gains have not been enough to help it hold against a strengthening Pound. The British Pound to Indian Rupee (GBP/INR) exchange rate advanced thanks to UK data on Wednesday, hitting its best levels in weeks. Despite Brexit jitters weighing on...

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GBP/INR Exchange Rate Rises 0.6% as Crude Oil Prices Skyrocket

11 Apr 2018 at 5 PM - Written by Ben Hughes

On Tuesday, the Pound to Indian Rupee exchange rate saw a rise from an initial opening level of 91.7998 in the morning to close higher around 92.1156 in the evening. The main source of GBP gains was a speech from Bank of England (BoE) official Ian McCafferty, who insisted that the BoE Monetary Policy Committee (MPC) shouldn’t 'dally’...

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GBP/INR Exchange Rate Rises as UK Services Sector Posts Unexpected Growth

3 Nov 2017 at 11 AM - Written by Ben Hughes

Today’s GBP/INR movement is largely a recovery effort for the Pound, given how far it fell on Thursday. When the news came that the Bank of England (BoE) might not be considering more near-term interest rate hikes, the Pound fell sharply against the Indian Rupee. The pairing opened trading on Thursday in the region of 85.6284, later...

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GBP to INR Exchange Rate Fails to Sustain Gains as BoE’s Broadbent Disappoints

11 Jul 2017 at 4 PM - Written by Ben Hughes

A lack of appeal in emerging market currencies like the Indian Rupee has not helped the British Pound to Rupee exchange rate’s recovery this week. Sterling traders are hesitant to buy the Pound amid rising economic uncertainties. After last week’s big drop, GBP/INR began this week trading at the level of 83.25. The pair has since...

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GBP to INR Exchange Rate Tumbles on UK Growth Concerns

4 Jul 2017 at 3 PM - Written by Ben Hughes

This week has seen India roll out its new Goods and Services Tax (GST), which has led to cautious but optimistic Indian Rupee trade. The Pound to Indian Rupee exchange rate has slipped as this week’s UK PMIs have so far disappointed. After making big gains last week on surprising Bank of England (BoE) news, GBP/INR ended the week trading...

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GBP INR Exchange Rate Tumbles on Dimming Hopes of UK Interest Rate Hike

20 Jun 2017 at 4 PM - Written by Toni Johnson

Sterling’s recent decline against the Rupee is mainly due to reduced expectations of a UK interest rate hike. BoE Governor Carney Damages GBP with Rate Hike Caution The Pound has slumped by -0.6% against the Rupee today, following a dovish statement from Bank of England (BoE) Governor Mark Carney. Speaking at Mansion House, Carney...

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GBP to INR Exchange Rate Slips as UK Wage Growth Disappoints

14 Jun 2017 at 11 AM - Written by David Woodsmith

This week, concerning UK economic data has prevented the British Pound to Indian Rupee exchange rate from recovering much from its worst levels in over a month. After shedding a rupee last week, GBP/INR trended near a low of 81.47 on Tuesday. The pair has since recovered from this low but remains near the week’s opening levels of...

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