forex

India's foreign exchange reserves rose $1.58 billion to $292 billion during the week ended September 7, mainly due to revaluation of currencies.According to data released by the Reserve Bank of India, foreign currency assets, which includes the effect of appreciation or depreciation of non-US...

State-owned steel producer Steel Authority of India 's (SAIL) net profit fell by 17.9% year-on-year to Rs 696.4 crore for the June quarter due to forex exchange losses and lower other income. The company has reported a forex loss of Rs 257 crore during the quarter as against Rs 11.6 crore in a...

JSW Energy posted a sharp decline in its June quarter profits to Rs 3.41 crore as against Rs 225.32 crore, year-on-year.as it incurred a forex loss of Rs 232 crore. However, the company’s sales grew 76% to Rs 2155.6 crore on the back of highest quarterly net generation of 4,731 million units...

Description project is about various risks in forex management and various entities involved in forex transaction. CONTENTS CHAPTER Chapter 1 FOREIGN EXCHANGE ………………………………….. (a) Introduction. (b) Brief History of Foreign Exchange. (c) Forex Rates. (d) Methods of Quoting Exchange Rates. Chapter...

forex banking sphere Banks will see a rise in the number of office cabins falling vacant in the coming years as senior employees across the sector retire with high coincidence. Some lenders have even decided to recruit laterally to fill vacancies as they come up. In the not-so-popular forex...

Many individual investors are now looking at forex trading as an alternative form of investment. While this speculative investment option has the potential to be extremely profitable for anyone willing to learn and master the skills and knowledge needed to conquer the forex market, strict...

Kshitij , IIT Kharagpur, is up with events like forex and woodstock to give you a full insight into the real working of the same.. Visit bazaar.ktj.in to know and play..

Subbarao recently said during an international conference that Forex intervention incurs huge cost so we should make sure that we are ready for the costs that are associated with forex intervention. He further added that sterlizing ( controlling the liquidity arising from the FDI) the liquidity...

Today the daily global turnover is guestimated to be more than US $ 1.5 trillion a day. The international trade however constitutes hardly 5 to 7 % of this total turnover. The rest of trading in world forex markets is constituted of financial transactions and speculation. As we know that...

Some Important Terms 1. Fixed Exchange Rate System In a fixed exchange rate system foreign central banks stand ready to buy and sell their currencies at a fixed price in terms of dollars. 2. Intervention Intervention is the buying or selling of foreign exchange by the central bank...

Particularly for foreign exchange market there is no market place called the foreign exchange market. It is mechanism through which one country’s currency can be exchange i.e. bought or sold for the currency of another country. The foreign exchange market does not have any geographic...

Countries of the world have been exchanging goods and services amongst themselves from time immemorial. With the invention of money, the rigours and problems of barter trade have disappeared. The barter trade has given way to exchange of goods and services for currencies instead of exchange...

International exchange takes place not by barter but through the medium of money. Trade occurs the buying and selling of commodities for dollars or pounds or other currencies. Further, international trade allows the nations to raise their standard of living by specializing in areas of...

The corporates having foreign currency loan could further be classified into two groups. One which have net imports and thus may have raised loans to meet their import requirements, for example Bharat Heavy Electricals Ltd., Apollo Tyres Ltd., Tata Power Co. Ltd. Two, which do not have...

Mainly the exporters would fall in this category. Corporates with foreign subsidiaries would also be having forex revenues but due to cheaper availability of funds abroad, it is unlikely that these subsidiaries would be funded by a rupee loan. Thus the main players meeting this criterion...

1. Bid rate: The bid rate denotes the number of units of a currency a bank is willing to pay when it buys another currency. 2. Offer rate: The offer rate denotes the number of units of a currency a bank will want to be paid when it sells a currency 3. Bid offer spread: The difference...

SOME FOREX RELATED PROJECTS........ ALL D BEST GUYS.. :)

Important Terms Devaluation Revaluation Depreciation Appreciation Two Way Quote Bid Rate Rate at which the trader will buy the currency Ask Rate Rate at which the trader will sell the currency Methods of Quoting Direct Quotes 1 USD = 48.30 INR Indirect Quotes 2.3 USD = 100 INR...

FOREIGN EXCHANGE MARKET A market where currencies are exchanged in order to buy products or invest in securities denominated in a foreign currency OTC market WHAT DOES EX RATE MEANS ? Meaning An exchange rate is the number of units of one currency that can be exchanged for one unit of...

Hi All, I am working on a small project on "How India can use its Forex Reserves ($279 Billion) effectively". If you have any ideas please help. I have gathered few ideas like As a start, 10-15% of reserves can be invested in India for various purposes: infrastructure, agricultural loans...