Pound to Rupee Exchange Rate Today - GBP INR Softer Against Rallying Indian Currency
Currency News UK: The Pound to Rupee exchange rate (GBP/INR ... it appears to be topping out. Long Pound-Dollar positions have gone from being a contrarian view in the summer of last year to being pretty much a consensus. A lot of good news about the ...
IT stocks gain as much as 4 per cent on weak rupee
MUMBAI: IT stocks, led by Infosys, today gained as much as 4 per cent amid weakness in the rupee against the dollar as the stronger US currency boosts the sales of software firms in rupee terms. Shares of Infosys rose by 3.66 per cent, while Wipro stock ...
Rupee Should Depreciate to 70 a Dollar: AV Rajwade
The Indian rupee touched ... that servicing a dollar debt is cheaper than servicing a rupee debt. Mr Rajwade says India's net external debt as a percentage of GDP which is at 18 per cent of GDP, one of the highest in the world today.
MCX Gold Rises On Rupee Effect
breaking 61 per US dollar marks today– its three month low mark. A weak Indian Rupee is supportive for the local goldfutures. On Friday, the much awaited nonfarm report from the Labor Department showed that a lessthan expected 209,000 jobs were added in ...
How the mighty dollar weakens the rupee
... takes the ‘value’ from the rupee away and transfers it to the US dollar (think petro-dollar). The rupee becomes like gold on the Treasure Island – not much left to be bought with. A pretty sad thought that the very country that grows the best ...