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.
RBI has permitted the recognized exchanges to offer following currency future contracts:
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 PAIR||CURRENT SPOT||TIME||OPEN||HIGH||LOW||CLOSE|
|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|