Convert GBP to INR - British pound sterling to India Rupees Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE GBP/INR EXCHANGE RATE
Trading the Pound Sterling against the Indian rupee is a very interesting proposition that carries high risks, but can be just as rewarding if done in a knowledgeable manner, backed with effective technical and fundamental analysis. The GBP is one of the oldest and most important currencies in the world, and is considered highly stable. On the other hand, the INR is one of the most important emerging currencies in the world as India is one of the fastest growing economies globally.GBP/INR's exchange rate experiences changes whenever Britain or India publish key economic data, or when the Bank of England (BOE) or the Reserve Bank of India (RBI) announces any changes to their monetary policies or interest rates. Some of the market moving economic data releases include GDP, inflation, unemployment rate, retail sales, consumer confidence, business sentiment and trade balance.In addition, this currency pair also turns volatile due to political developments taking place in Britain and India, especially elections. One of the most significant political developments that has impacted this pair in recent years is Brexit. Whenever updates about Brexit hit the news, GBP/INR experiences price action - positive developments strengthen the GBP and turn the pair bullish while roadblocks impeding progress in Brexit negotiations weaken the GBP and cause this pair to trade bearish.
GBP to INR CONVERSION RATES
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GBP to INR CHARTS
GBP/INR Live Chart
GBP/INR Historical Chart
GBP to INR EXCHANGE RATE - FAQ
How do the stock markets impact the exchange rate of GBP/INR?

Domestic equity markets share a positive correlation with their nation's corresponding currency. A bullish stock market indicates growing confidence in businesses in a specific country, which in turn could propel economic growth. As a result, it helps strengthen the currency. In the case of GBP/INR, when FTSE moves higher, the Pound Sterling strengthens and vice versa.

What was the lowest exchange rate for GBP/INR this year?

GBP/INR weakened to a low of 92.5565 on 29 June 2020. This is the lowest level this currency pair has touched so far in 2020.

What is the lot size of GBP/INR?

When trading GBP/INR, 1 lot is equal to 1,000 Sterling.