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International Forex Market Rates for USD, Euro and Pounds provided below was last updated on Jun 21 ~ 09:00 - Indian Standard Time.
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 - - - - - -
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.
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.
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.
|Currency||For Export||For Import||Month||For Export||For Import|
|Indicative Rates||Indicative Forward Rates|
|Indicative Cross Rates||JUL 2019||69.54||69.94|
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.
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).
|Currency||CCY Buying||CCY Selling||TC Buying||TC Selling|
|Currency||1y - <2y||2y - <3y||3y - <4y||4y - <5y||5y|
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