GBP/INR: what to know
The GBP/INR rate shows how much INR you get for 1 GBP. Right now, 1 GBP buys 129.1710 INR at the mid-market rate. In the other direction, 1 INR is worth 0.00774168 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while INR responds to oil prices and capital flows.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the GBP/INR rate has ranged between 115.6244 and 130.6686 — a change of +7.38% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.