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Other Markets - Foreign Exchange

Pound near one-week low, GBP/INR breaks under 120 mark

10-Dec-25    11:48

The British Pound is lingering near one week low against the US dollar. UK's economic recovery has been showing lax trends. Latest KPMG UK jobs report indicated a further downturn in recruitment activity, with permanent placements declining again and temp billings down modestly. It also highlighted a high degree of market uncertainty. GBP/USD pair is currently quoting at 1.3308, up marginally amid these cues as some moderation is being seen in the pound after recent gains. On NSE, GBP/INR futures are quoting at 119.87, down 0.15% on the day.

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