September 2013 currency news archive

Exchange rate developments and the events behind them. Each report is dated so you can see when it was published.

These reports were published in September 2013. For current indicative exchange rates, use the currency converter.

Rupee Drops On Surprising RBI Decision, US Dollar Rallies

India’s Rupee weakened against its peers during the local session as the Reserve Bank of India took the unexpected step of raising interest rates in order to safeguard the nation’s economy from the adverse…

USD/GBP Weaker As Fed Decision Looms

After what feels like months of waiting, the Federal Open Market Committee announcement is just hours away. By 19:30 GMT the world will know whether the Fed will taper stimulus, and how much it…

BoE Minutes Could Trigger Pound Movement GBP/EUR GBP/USD

Pound Sterling Today Sterling movement is likely to occur in reaction to the Bank of England’s policy meeting minutes. Signs of unity within the Monetary Policy Committee and indications that the UK economic recovery…

US Dollar At 8-Month Low Ahead Of Fed Decision GBP/USD

Pound Sterling As the European session opened the Pound was trading in the region of an eight-month high against the US Dollar. With UK inflation slowing to 2.7 per cent in August year-on-year (as…

Rupee Hits Four-Week High Against US Dollar USD/INR

After months of persistent Rupee weakness the Indian asset finally seems to be enjoying some respite. Over the last few weeks statements released by the new Governor of the Reserve Bank of India, coupled…

Shock US Fed News Sees US Dollar Tumble USD/GBP USD/EUR

Pound Sterling After posting significant five-day gains against rivals like the US Dollar and Euro last week the Pound began the European session in a strong position. Sterling volatility may be limited ahead of…

UK Construction Pushes GBP/USD To 7-Month High

At the close of an upbeat week for the UK, the Pound is trading close to a seven-month high against its US counterpart. Sterling broadly strengthened over the course of the week as Mark…