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