Global Investment Mark in your Portfolio

Currency Future is a standardized foreign exchange derivative contract. All Currency Future contracts are traded (buy or sell) on recognized exchanges.

Currency Futures are issued for standard quantity of one currency against another currency on a specified future date, at a price specified on the date of contract.

Currency Futures are marked-to-market daily. Investors can, by closing out their position, exit from their obligation to buy or sell the currency prior to the contract’s delivery date.

Indian Scenario:

RBI has permitted the recognized exchanges to offer following currency future contracts:
USD-INR
Euro-INR
Japanese Yen (JPY)-INR
Pound Sterling (GBP)-INR
You can now invest across 4 currencies – US Dollar, Euro, Yen and GB Pound. Open an account with us and enjoy an investment portfolio having a new asset class, i.e. Forex.

MAASHITLA is member of following Exchanges for Currency Futures:

NSE Currency Derivatives and Interest Derivatives.
BSE Currency Derivatives and Interest Derivatives.

Economic variables which affect foreign exchange market

Interest rates, inflation, and GDP numbers are the main variables; however other economic indicators such as unemployment rate, bop, trade deficit, fiscal deficit, manufacturing indices, consumer prices and retail sales amongst others. News and information regarding a country’s economy can have a direct impact on the direction that the country’s currency is heading in much the same way that current events and financial news affect stock prices, hence the importance of economic factors. The following eight economic factors will directly affect a currency’s movements in the Forex market. Interest rates, inflation, and GDP numbers are the main variables; however other economic indicators such as unemployment rate, bop, trade deficit, fiscal deficit, manufacturing indices, consumer prices and retail sales amongst others.
News and information regarding a country’s economy can have a direct impact on the direction that the country’s currency is heading in much the same way that current events and financial news affect stock prices, hence the importance of economic factors.

Why Maashitla :

  • Secured trading experience across all devices through a single access.
  • dedicated advisory desk to ensure you never miss an opportunity.
  • Advanced technical analysis and charting tools for your guidance.
  • Superior Web Trading Platform with simple and quick order placement capabilities.

 

CURRENCY RATES

CURRENCY PAIR CURRENT SPOT TIME OPEN HIGH LOW CLOSE
USD/INR 64.9025 16:25 PM 65.09 65.1 64.88 65.045
USD/JPY 111.032 16:25 PM 110.65 111.316 110.93 110.65
GBP/USD 1.2423 16:25 PM 1.2481 1.2462 1.2377 1.2481
EUR/USD 1.0788 16:25 PM 1.0833 1.0827 1.0777 1.0833
USD/CHF 0.994 16:25 PM 0.9877 0.9945 0.9914 0.9877
USD/CAD 1.3369 16:25 PM 1.3367 1.3401 1.3356 1.3367
AUD/USD 0.765 16:25 PM 0.7639 0.7666 0.7631 0.7639
USD/CNY 6.8905 15:47 PM 6.8867 6.8939 6.8867 6.8795
JPY/INR 0.585 15:47 PM 0.5846 0.5852 0.5837 0.588
EUR/INR 70.039 15:47 PM 70.39 70.428 69.99 70.695
GBP/INR 80.7309 15:47 PM 80.7947 80.8676 80.46 81.6552
CNY/INR 9.422 15:47 PM 9.444 9.444 9.417 9.464
DXY/INR 81.963 10:14 AM 81.947 82.042 81.908 81.908
DXY 81.967 10:17 AM 81.947 82.042 81.908 81.908
DXY Index 99.889 15:47 PM 99.698 99.953 99.666 99.712

CURRENCY EXCHANGE RATE

Currency Rupee  US $ Euro € UK £ Aus $ Japanese ¥ Singapore $ Renminbi Taiwan $
1 Rupee  = 1 0.0155 0.0138 0.0120 0.0208 1.7075 0.0214 0.0959 0.4671
1 US $ = 64.3400 1 0.8873 0.7735 1.3351 109.8600 1.3797 6.1696 30.0510
1 Euro € = 72.5121 1.1270 1 0.8717 1.5047 123.8138 1.5549 6.9532 33.8679
1 UK £ = 83.1803 1.2928 1.1471 1 1.7261 142.0297 1.7837 7.9762 38.8507
1 Aus $ = 48.1907 0.7490 0.6646 0.5794 1 82.2851 1.0334 4.6210 22.5082
1 Japanese ¥ = 0.5857 0.0091 0.0081 0.0070 0.0122 1 0.0126 0.0562 0.2735
1 Singapore $= 46.6333 0.7248 0.6431 0.5606 0.9677 79.6260 1 4.4717 21.7808
1 Renminbi = 10.4286 0.1621 0.1438 0.1254 0.2164 17.8067 0.2236 1 4.8708
1 Taiwan $ = 2.1410 0.0333 0.0295 0.0257 0.0444 3.6558 0.0459 0.2053 1