23 Oct, 09:39 - Indian

Nifty Next 50 69932.1 (0.59)

Nifty Pharma 22581.3 (0.29)

SENSEX 85185.84 (0.90)

Nifty Midcap 100 59783.1 (0.63)

Nifty Bank 58391.95 (0.66)

Nifty IT 36074.9 (2.20)

Nifty 50 26078.3 (0.81)

Nifty Smallcap 100 18301 (0.00)

23 Oct, 09:39 - Global

NIKKEI 225 48676.46 (-1.28)

HANG SENG 25743 (-0.15)

S&P 6754.5 (0.08)


Currency News

You are Here : Home > News > Currency News >

(16 Oct 2025, 10:42)

Pound hits one week high as economic outlook offers good support


The British Pound is edging up from two and half month low as supportive economic undertone undercuts fiscal worries. The International Monetary Fund (IMF), offered an upgraded 2026 growth forecast of 1.3% for the UK. The economy is expected to expand at same rate this year too. The UK is set to be the second-fastest-growing of the world's most advanced economies this year. This pushed GBP/USD pair above 1.3400 mark today and the pair currently trades at 1.3415, up 0.24% on the day. The pair is hovering near one-week high. Meanwhile, US equities ended lower on Wednesday as investors mulled the prospect of tax rises and spending cuts in the upcoming Budget. The FTSE 100 ended down 0.3% and also capped advances in Pound which rose 0.40% yesterday. On NSE, GB/INR futures are currently quoting at 117.93, up marginally on the day in a mostly steady session so far.
More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +