Rupee Falls As RBI Cuts Rate (USD/INR)
Over the last few weeks political uncertainty in the US and the new Governing hand of the Reserve Bank of India have helped the Rupee recover ground. After falling to record lows earlier in…
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 October 2013. For current indicative exchange rates, use the currency converter.
Over the last few weeks political uncertainty in the US and the new Governing hand of the Reserve Bank of India have helped the Rupee recover ground. After falling to record lows earlier in…
Pound Sterling GBP/EUR – Trading in the Region of 1.1814 Ahead of this week’s Bank of England policy meeting, at which it is expected that rates and asset purchases will remain unaltered, the Pound…
Fear that the US shutdown, which is now into its third day, will cost the US economy billions and weaken the nation’s economic growth saw the US Dollar edge close to a month low…
Pound Sterling GBP/EUR – Trading in the Region of 1.1834 The Pound edged away from this week’s highs against the US Dollar and posted its most significant decline against the Euro for two-weeks as…
Over the last few weeks US political concerns and the falling odds of stimulus being tapered by the Federal Reserve allowed the Indian Rupee to recover ground against its counterparts and gain by 5…
Pound Sterling GBP/EUR – Trading in the Region of 1.1911 With UK house prices rising at a less rapid rate than forecast and UK services PMI coming in just shy of estimates, the Pound…
The common currency began the local session a little softer against its British and US peers as investors speculated on the outcome of the European Central Bank’s rate decision and higher risk assets lost…
Pound Sterling GBP/EUR – Trading in the Region of 1.1976 While yesterday’s UK manufacturing PMI fell short of estimates, the Pound still enjoyed a bullish relationship with several of its peers and began the…
The partial shutdown of the US government and the potential drag on US GDP the situation may cause triggered significant market volatility overnight. Now, with investors lowering the odds of the Federal Reserve tapering…
Pound Sterling GBP/EUR – Trading in the Region of 1.1973 After beginning the European session close to a nine-month high against the US Dollar, the Pound extended gains against its major counterparts as UK…