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Get to see the latest forex market movement trends updated many times a day during forex trading hours. International Forex Market Trends and Market Analysis Report provided by our professional forex trade dealing professionals and research team for the benefit of all our forex customers.

International Forex Market Trends and Rates for USD, Euro and Pounds provided below was last updated on Jul 24 ~ 13:00 - Indian Standard Time.

Latest Inter Bank Rates (Updated Every 15-30 Minutes)

Table showing Live Market Rates updated hourly
CurrencyBuySell
US Dollar60.050060.0700
Euro80.700080.9500
GB Pounds102.2500102.5000

Market Trend Analysis - INR / USD / EURO / GBP

Trend Indicators against INR
- - - - - - - - - - - - - - - - USD-----------------EURO----------GBP
Previous day----59.99/60.12-----80.61/81.06----102.03/102.41--------------
Today's opening-60.12/60.13--80.93/81.03---102.09/102.19-------------------
Today range ----60.00/60.30---------------------------
& current month-59.00/60.60--------------------


The Indian rupee ended weaker on Thursday, retreating from a more than one-week high hit earlier in the session on the back of month-end dollar demand from importers and possible intervention by the central bank. The Rupee closed at 60.12/13 against the Wednesday’s close of 60.09/10.

SPOT/INR :: The Indian rupee opened at 60.12/13 tracking the weakness in most Asian currencies and mixed trend in Asian equities.

FORWARD PREMIUM:Forward dollar/rupee premium are likely to take cues from the spot.

GLOBAL DEVELOPMENTS :The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S. and eurozone economies. The greenback, which has been closely correlated to U.S. debt yields, was buoyed after Treasury bond yields rose in wake of the upbeat employment indicator. It was poised to gain about 0.4 percent on the week against the Japanese currency. The euro stood steady at $1.3464, having rebounded on Thursday from an eight-month trough of $1.3438 after stronger-than-expected German and French business activity reports slightly tempered bearish views towards the eurozone economy forced with possible fallout from any tougher sanctions on Russia. Still, the euro was on track to lose more than 0.4 percent on the week against the dollar with many markets participants retaining a bearish longer-term view for the common currency. Any targeting of Russian banks by the European Union or any other sanctions would likely weigh on a fragile recovery, stoking bets of an even looser policy from the European central Bank. The ECB cut interest rates in June and has left the door open to further monetary easing, which would hurt the euro.

TODAY'S ECONOMIC DATA :
Germany Gfk Consumer Sentiment for Aug at 11.30 IST, Germany Ifo Business Climate for Jul at 13.30 IST, U.K. GDP for Q2 at 14.00 IST, U.S. Durable Goods for June at 18.00 IST.

NEAR TERM OUTLOOK FOR RUPEE :
The Rupee is expected to continue stronger as our Consumer Price Index-based inflation for June eased to 7.31 % from 8.28 % in May.

POSITIVE FACTORS FOR RUPEE:
1. Heavy inflows in both equity and debt markets.
2. New Central Government Reforms .
3. Maintenance of EEFC accounts at 100% on certain conditions


FACTORS AGAINST RUPEE:
1.Demand from importers. (Oil & Defence).
2.Geo-political situation in Iraq.

Indicative / Forward / Cross Rates:

Table showing Indicative / Indicative Forward / Indicative Cross Rates
CurrencyFor ExportFor ImportMonthFor ExportFor Import
Indicative RatesIndicative Forward Rates
USD60.1260.15JUL 201460.1260.21
Indicative Cross RatesAUG 201460.1360.61
GBP1.69401.7034SEP 201460.5261.07
EUR1.34191.3511OCT 201460.9861.51
JPY102.21101.36NOV 201461.4261.90
CHF0.90700.8981DEC 201461.8162.36

Note: This information is given only for guidance purpose without any obligation on the part of TMB or any of its officials. Any person dealing on the basis of the said information does so at his own risks and no objection arises to TMB or any of its officials. All such trading involves risks.

Card Rates:

Exchange Rates Information last updated in part or full on Friday, July 25, 2014 - 10:35 am (GMT +05:30:00) for ready transactions. All quotations are per unit of Foreign Currency (Japanese Yen in 100 Units).

Current Card Rates Table
CurrencyTTBillsCheqsBillsTT
Foreign CurrencyBuyingSelling
EURO80.4080.4280.3381.7281.62
POUND STERLING101.60101.62101.53102.89102.77
USD59.9659.9859.8960.4760.39
CAD55.2655.2655.1956.5956.56
SWISS FRANC65.6065.6065.5367.3467.33
HKD7.697.707.627.897.86
JPY58.1658.1658.0959.6459.63
SGD47.6647.6647.5949.2549.23
AUD55.9255.9455.8557.5757.54
Current CCY / TC Rates
CurrencyCCY BuyingCCY SellingTC BuyingTC Selling
EUR79.7882.0979.9882.04
GBP100.75103.31100.95103.11
USD59.3761.1359.8060.46

Prime Rates:

Prime Rates for US Dollar w.e.f. December 18, 2008 is 3.25%

Interest Rates on FCNR-B Deposits

Table showing currently offered interest rates on FCNR-B Deposits
Currency1y - <2y2y - <3y3y - <4y4y - <5y5y
  • Above Interest Rates applicable from Jul 01, 2014 to Jul 31, 2014.
USD2.55%2.58%4.01%4.39%4.68%
GBP3.04%3.34%4.71%4.98%5.18%
EUR2.44%2.33%3.40%3.51%3.67%
CAD3.50%3.45%4.64%4.81%4.99%
AUD4.66%4.78%5.93%6.15%6.31%
JPY2.33%2.18%3.19%3.22%3.28%
CHF2.19%2.10%3.14%3.22%3.33%

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