GBP INR Exchange Rate Predicted to Slide if UK Wage Squeeze Continues

As well as being devalued by falling PMIs this week, the Pound has also fallen against the Indian Rupee on recent trade balance figures. The previous trade deficit was revised up to -2.98bn; this was worsened with stats showing an expansion to -3.66bn in February. Sterling has been dragged further down by industrial production data, which has slowed More...

by Loknath Das | Published 2 weeks ago
By Loknath Das On Saturday, April 8th, 2017
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Currency misalignment gains stature in Trump trade plans with China

President Donald Trump promised to label China a currency manipulator on his first day in office, but after 77 days, his administration is touting a new term: “currency misalignment.”   An administration More...

By subhadip On Monday, December 12th, 2016
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UK petrol prices could rise by 3p a litre after Opec oil deal

Households face further pressure from rising inflation as experts predicted a surge in petrol prices following an agreement by oil producers to cut global output. The cost of petrol is close to rising above £1.20 More...

By subhadip On Monday, November 7th, 2016
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FTSE 100 gains £28bn on hopes of Clinton win in US election

  The FTSE 100 has joined other world stock markets in surging after the FBI halted its latest investigation into Hillary Clinton’s use of emails. London’s premier share index closed 1.7%, or 113 More...

By admin On Thursday, September 8th, 2016
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5 Things You Never Knew About the GBP-USD Currency Pair

FX trading is one of most used service you can find in the trading industry. Fx stands for Forex and Forex trading has been around for a while now. GBP-USD FX pair is famous and longest trading business in the More...

By subhadip On Tuesday, February 23rd, 2016
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Australian dollar hits two-month high

THE Australian dollar has hit a two-month high following a strong bounce back in commodity prices. At 0700 AEDT on Tuesday, the local unit was trading at 72.28 US cents, up from 71.74 cents on Monday. Bank of More...

By subhadip On Wednesday, February 17th, 2016
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FDI inches up to $648m

Foreign direct investment (FDI) rose by around over five per cent year-on-year to $648 million during the first seven months (July-January) of 2015-16, the State Bank of Pakistan (SBP) said on Tuesday. However, More...

By subhadip On Wednesday, February 17th, 2016
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Akzo Nobel to buy BASF coatings for 475 million euros

The sign of AkzoNobel is pictured at its headquarters in Amsterdam February 6, 2014. REUTERS/TOUSSAINT KLUITERS/UNITED PHOTOS Paint and coatings maker Akzo Nobel (AKZO.AS) has agreed to buy BASF’s (BASFn.DE) More...

By Crish On Wednesday, January 20th, 2016
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Indian rupee at over two-year low after ECB stimulus, Fed rate hike fear

Dec 4 The Indian rupee slumped to an over two-year low on Friday, tracking weakness in global markets after the European Central Bank’s stimulus package fell short of expectations and renewed fears of a U.S. More...

By Crish On Wednesday, January 20th, 2016
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UPDATE 1-Indian rupee hits more than 2-year low; cenbank intervenes

* Rupee hits more than two-year low at 67.01/dlr * Rupee may weaken to 67.50 close to Fed meet – traders * Fed fears weigh on India; shares fall (Updates with quotes, details, background) By Neha Dasgupta MUMBAI, More...