Monday, June 8, 2009
Foreign Exchange Facilitation
We will help you with best price for currency in India for buying/selling forex,travellers cheques strictly as per RBI rules through authorised money changers..Exchange rate list ensures the latest and most profitable currency rates and forex rates in India.
Problems With Foreign Exchange Rates
While trading is rampant in the foreign exchange market, one should also be aware that the market has its share of problems as well. These problems are directly reflected whenever the market crashes or falls.
Forex Arbitrage Calculator
Forex Arbitrage Calculator allows to determine risk free arbitrage opportunities on Forex cross rates.
Forex Exchange Rate - How Does It Get Calculated?
In the Forex market the value of two separate currencies and how they relate to one another is what is known as the Forex exchange rate. Usually the Forex rate is how much of one currency is needed to buy a unit of another. Just to give you an example of how the Foreign exchange rate can work and to help you better understands it we can compare the United States dollar with the Japanese yen. This ratio in the exchange rate is also known as pairing. A few other terms used in the Forex exchange are pips or basis points, which are actually two terms used for the same thing. In using the Forex exchange rate you are required to use two currencies and this means they are quoted as ‘two tier’ rates. Also in the Forex market its price basis is called a bid/ask. One last thing concerning the Forex exchange rate is that it is independently determined. With the benefits and knowledge of how the Forex exchange works you can decide if entering the Forex market is the right move for you.
Foreign Exchange
We have a state-of-the-art dealing room situated at Nariman Point, Mumbai. The dealing room handles inter-bank transactions and corporate foreign exchange flows generated by the various branches
