{"id":97815,"date":"2020-03-23T04:16:44","date_gmt":"2020-03-23T08:16:44","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=97815"},"modified":"2020-03-23T07:45:59","modified_gmt":"2020-03-23T11:45:59","slug":"102766-gbp-inr-rupee-declines-as-government-imposes-lockdown","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\/","title":{"rendered":"GBP\/INR: Rupee Declines as Government Imposes Lockdown"},"content":{"rendered":"

GBP\/INR<\/a> continues to move away from recent lows. Currently, the GBP<\/a>–INR<\/a> pair is trading at 88.498, up 0.60% as of 6:40 AM UTC. On Thursday, the price bottomed out at 85.471, which was the lowest level since August last year.<\/p>\n

The coronavirus pandemic<\/a> is getting serious, and economists have realized that the impact on businesses and consumers would be devastating.<\/p>\n

Check real time GBP to INR exchange rate<\/span><\/a><\/div>\n

India Requires People to Stay Home<\/h2>\n

At the end of last week, India introduced lockdown measures to curb the outbreak. However, the country\u2019s economy, which is already on its way to a slowdown, will suffer even more because of the \u201cstay home\u201d call from Prime Minister Narendra Modi.<\/p>\n

The services sector, which accounts for more than half of India\u2019s economy, is expected to experience the worst consequences. The PM told people in several regions to stay isolated. He tweeted<\/a>:<\/p>\n

\u201cMany people are still not taking the lockdown seriously. Please save yourself, save your family, follow the instructions seriously. I request the state governments to get the rules and laws followed<\/em>.\u201d<\/p>\n

Shortly after Modi\u2019s call, the central government asked Indian states to enforce lockdown and take legal action against those who don\u2019t follow the rules. Thus, 80 districts, 17 states, and 5 Union Territories, including the capital city of Delhi, have been put under complete lockdown until the end of the month.<\/p>\n

India saw an increase in the number of new cases to 415, which is still insignificant compared to many European countries. Nevertheless, the government shut all passenger trains, Metro train services, and inter-state buses all over India.<\/p>\n

Confirmed Cases in UK Continue to Surge<\/h2>\n

The situation has become more dramatic in the UK as well. Yesterday, the government said that 47 more people died from the virus, bringing the death toll to 281. The number of known cases rose by over 650 to 5,683 on Saturday.<\/p>\n

A minister said that 1.5 million of the most vulnerable British citizens must stay home for the next 4 months.<\/p>\n

\u201cToday, we have to go further and shield the most clinically vulnerable people to save their lives. The (National Health Service) will be contacting these people in the coming days urging them to stay at home for a period of at least 12 weeks<\/em>,\u201d communities minister Robert Jenrick stated<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

GBP\/INR continues to move away from recent lows. Currently, the GBP–INR pair is trading at 88.498, up 0.60% as of 6:40 AM UTC. On Thursday, the price bottomed out at 85.471, which was the lowest level since August last year. The coronavirus pandemic is getting serious, and economists have realized that the impact on businesses […]<\/p>\n","protected":false},"author":163946603,"featured_media":80615,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1693],"tags":[2139,1394,1861,1666,2374],"class_list":{"0":"post-97815","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-inr","9":"tag-coronavirus","10":"tag-gbp","11":"tag-gbp-inr","12":"tag-inr","13":"tag-lockdown"},"acf":[],"yoast_head":"\nGBP\/INR: Rupee Declines as Government Imposes Lockdown - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anatol Antonovici\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/\"},\"author\":{\"name\":\"Anatol Antonovici\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3bd9732cd8453e3df154132a302a4416\"},\"headline\":\"GBP\\\/INR: Rupee Declines as Government Imposes Lockdown\",\"datePublished\":\"2020-03-23T08:16:44+00:00\",\"dateModified\":\"2020-03-23T11:45:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/\"},\"wordCount\":405,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/GBP-INR-Awaiting-Inflation-Data-from-UK-India.jpg\",\"keywords\":[\"coronavirus\",\"gbp\",\"gbp\\\/inr\",\"inr\",\"lockdown\"],\"articleSection\":[\"GBP\",\"INR\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102766-gbp-inr-rupee-declines-as-government-imposes-lockdown\\\/\",\"name\":\"GBP\\\/INR: Rupee Declines as Government Imposes Lockdown - 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