21 March, 2017
Important Facts You Should Know about the Pound vs Rupee
Foreign exchange in India is affected by four primary factors. Relative price levels play a distinctive role in the exchange rate, particularly if a lack of trade restrictions between the UK and India allow the two currencies to adjust themselves freely. As a result, inflation can also impact the value of the rupee compared to the pound. Interest rates also play a role because they impact the amount of investment capital flowing into the country.
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