Forex Analysis Report

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 Rates for USD, Euro and Pounds provided below was last updated on Jun 21 ~ 09:00 - Indian Standard Time.

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

Table showing Live Market Rates updated hourly

Currency	Buy	Sell
Rates Updated as on Jun 21 ~ 09:00 Indian Standard Time (GMT+05:30). Rates updated only in forex trading hours on bank working days monday to friday. Click Here to See the Foreign Exchange Live Rates and Trend Charts.
US Dollar	69.7500	69.7600
Euro	78.6800	78.9300
GB Pounds	88.5000	88.7500

Market Trend Analysis - INR / USD / EURO / GBP

Last Updated in part or full on Monday, June 24, 2019 - 10:49 am (GMT +05:30:00)

Trend Indicators against INR
- - - - - - - - - - - - - - - - -USD - - - - - - - - - EURO - - - - - - - -GBP - - - - - -
Previous day----------69.75/69.56-------78.48/79.12------88.27/88.68-------
Today's opening------69.55/69.56-------79.17/79.19------88.70/88.72--------
Today range --------69.40 to 69.70------------------------------------------------
& Current month----68.50 to 70.50-----------------------------------------------

TThe Indian rupee opened flat against the dollar at 69.55/56 as rising crude oil prices which
offset broad based losses in the dollar.


SPOT/INR:

The Indian rupee ended weaker at 69.56/57 against dollar from its previous close of
69.44/45, as the US Federal Reserve in its recent policy decision hinted at chances of
interest rate cut this year.

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

GLOBAL DEVELOPMENTS:

Asian shares were off to a cautious start on Monday as investors pinned their hopes on any
signs of a thaw in Sino-U.S. trade negotiations while oil prices firmed on worries over
heightened tensions between the United States and Iran. MSCI's broadest index of AsiaPacific
shares outside Japan rose 0.16% in early trade while Japan's Nikkei ticked down
0.26%. Wall Street shares closed slightly lower on Friday after hitting a record high thanks
to signals last week from the Federal Reserve that it would cut interest rates soon to
bolster its economy from protracted trade conflicts. The Chinese state-run Xinhua news
agency said on Sunday China's President Xi Jinping will attend the G20 summit in Japan
this week, giving the first official confirmation of his attendance at a gathering where he is
expected to meet U.S. President Donald Trump. The news came after U.S. Vice President
Mike Pence on Friday decided to call off a planned China speech, which also increased
optimism on upcoming trade talks with Beijing. Pence had upset China with a fierce speech
in October in which he laid out a litany of complaints ranging from state surveillance to
human-rights abuses. The U.S. Commerce Department said on Friday it was adding several
Chinese companies and a government-owned institute involved in super computing with
military applications to its national security "entity list" that bars them from buying U.S.
parts and components without government approval. Oil prices held firm near three-week
highs hit last week after the United States and Iran came to the brink of war following
Iran's shooting down of an unmanned U.S. surveillance drone. Brent crude futures rose
0.6% to $65.58 per barrel near Friday's three-week high of $65.76. U.S. crude futures were
up 0.75% at $57.88 per barrel. The combination of heightened geopolitical worries and
likely U.S. interest rates cuts encouraged investors to seek the safety of gold. The precious
metal stood at $1,406.2 per ounce near Friday's six-year high of $1,411.2.

POSITIVE FACTORS FOR RUPEE:
1. Continuous foreign fund flows and Domestic Political Stability.

FACTORS AGAINST RUPEE:
1. Demand from importers. (Oil & Defence),
2. Due to Geopolitical Tensions and Trade war between US and China

Indicative / Forward / Cross Rates:

Table showing Indicative / Indicative Forward / Indicative Cross Rates

Currency	For Export	For Import	Month	For Export	For Import
Indicative Rates			Indicative Forward Rates
USD	69.55	69.56	JUN 2019	69.55	69.63
Indicative Cross Rates			JUL 2019	69.54	69.94
GBP	1.2705	1.2796	AUG 2019	69.85	70.20
EUR	1.1336	1.1427	SEP 2019	70.10	70.46
JPY	107.83	106.96	OCT 2019	70.36	70.73
CHF	0.9815	0.9726	NOV 2019	70.64	70.98

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 Monday, June 24, 2019 - 10:49 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

Currency	TT	Bills	Cheqs	Bills	TT
Foreign Currency	Buying			Selling
USD	69.39	69.41	69.32	69.89	69.81
GBP	88.17	88.19	88.10	89.38	89.26
EUR	78.59	78.61	78.52	79.90	79.80
JPY	63.83	63.83	63.76	65.31	65.30
AUD	47.72	47.74	47.65	49.39	49.36
CAD	52.11	52.11	52.04	53.26	53.23
CHF	70.18	70.18	70.11	71.88	71.87
SGD	50.59	50.59	50.52	52.14	52.12
AED	18.85	18.87		19.05	19.02

Current CCY / TC Rates

Currency	CCY Buying	CCY Selling	TC Buying	TC Selling
USD	69.80	70.55	69.23	69.88
GBP	87.32	89.80	87.52	89.60
EUR	77.97	80.27	78.17	80.22

Interest Rates on FCNR-B Deposits

Table showing currently offered interest rates on FCNR-B Deposits

Currency	1y - <2y	2y - <3y	3y - <4y	4y - <5y	5y
Above Interest Rates applicable from Jun 01, 2019 to Jun 30, 2019.
USD	3.58%	3.28%	3.46%	3.66%	3.64%
GBP	2.07%	2.13%	2.40%	2.62%	2.65%
EUR	0.99%	0.98%	1.29%	1.53%	1.61%
CAD	2.70%	2.33%	2.30%	2.29%	2.30%
AUD	1.77%	1.72%	1.73%	1.87%	1.93%
JPY	1.25%	1.22%	1.46%	1.66%	1.67%
CHF	0.58%	0.54%	0.82%	1.09%	1.15%

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