Financial services

  USD/INR The pair came under continued selling pressure. While the pair attempted to scale higher of 81.88 levels, it got sold-off again. The crucial support at 81.10 also gave up. The momentum is likely to continue and any pull back towards the trend line resistance at 81.80 and 82.20 is likely to see selling pressure. Break below 80.90 can trigger further stops being hit to see the pair drift towards 80.50 and then to 80.20. Most likely scenario would be a consolidation between 80.20 and 81.50. A close outside this range requires re-assessment of risk/direction and target. A few more observations: ·  Steep trend line broken ·  The correlation between DXY and USDINR is not currently active and any spike in DXY need not necessarily impact this pair ·  though the Dollar Index-DXY is likely to hover in the familiar range of 102-105 ·  The raising upward channel indicate the broader range of 80.10-83.10 ·  The increased volatility and wild swings likely to continue With this back drop it

  Easy foreign exchange with the best rates Orient Exchange   is  the most customer-oriented money changers in India . Exchange your foreign   currency without any effort at all at the comfort of your home, we made online money   exchange a breeze to use. But you are not aware of money exchange  rate today, don’t worry it’s   easy to find that out with a click of button, and we pride ourselves in the exactness of our   rates.     Pay us a visit If you are still unsure about all the foreign currency exchange  rates and want to find clarity   and assurance, why not pay us a visit to our branch. Our staff will elucidate   every one of the subtleties and ensure that you leave with more understanding on the   market rates and advantages we offer at Orient Exchange.   As an RBI authorized   money changer  near you, we are here to help you make your   transactions swift and easy. We simply can provide the best rates because our business plan   is devised in such a way that we make profit from

  Best Foreign  currency  Exchange Servic es   With Orient Exchange you can monitor the daily  currency exchange rates with utmost precision and needless to say, find the best rates in the market. We have established in the market as an esteemed money exchanger with years of experience, and have brought along all the industry expertise we have gathered to the online platform. We provide the best services on Foreign exchange  offline and also on online platforms.   Foreign Currency Exchange Rates We provide the best rates on Foreign currency exchange . Orient Exchange, as an RBI approved merchants   (category2) has sharpened its place in the market of cash trade as a shipper, in this way we   can give better rates to residential clients. You have discovered the most dependable cash   changers in India, as we have 23 branches spread out in excess of 20 urban areas skillet  in India.   We strictly adhere to the Foreign Exchange  Management Act of RBI, so that our customers have a clear an

  USD/INR The pair finally broke the narrow range of 81.55-82.92 during last week. As expected possibilities of decent supply or lack of aggressive buying has resulted in the prices easing toward 82.30 which is another crucial level being the trend line support. Only a daily close below 82.30 would suggest further correction towards 81.90. Deeper corrections cannot be expected till we see a close below 82.10. Most likely scenario would be a consolidation between 81.90 and 82.70. A close outside this range requires re-assessment of risk/direction and target. A few more observations: ·  narrow range broken ·  We may not see a runaway in DXY. There can be relief rallies. ·  Though the DXY attempted cross over of 105+, it got hammered ·  Any spike in DXY need not necessarily impact this pair ·  The raising upward channel indicate the broader range of 80.10-83.10 ·  The increased volatility and wild swings likely to continue   With this back drop it would be preferable to hedge the outward

A prepaid forex card can be loaded with multiple currencies. A person travelling to multiple countries should load multiple currencies as per their need in the same forex card, which in banking parlance is called having multiple wallets in the same card. This will enable the traveller to save a lot on cross currency conversion charges (which is approx. 3%) and exchange fluctuation; because they have the advantage of paying in local currency of visiting nation.   The maximum amount which can be loaded on a travel card  is equivalent of US $ 2.5 lakh per annum for the purposes covered under LRS scheme notified by RBI. Forex cards  are issued on either visa or mater card platform. So it is immaterial who is the issuer of the card. Looking into the features, again are more or less same, offered by various issuing banks. One differentiator is the whether destination currency is available on the card or not. But the major differentiator is the rate applied and after sales service. Orient Exc

Orient Exchange   is  the most customer-oriented money changers in India . Exchange your foreign   currency without any effort at all at the comfort of your home, we made online money   exchange a breeze to use. But you are not aware of foreign exchange  rate today, don’t worry it’s   easy to find that out with a click of button, and we pride ourselves in the exactness of our   rates.   With Orient Exchange you can monitor the daily  currency exchange rates with utmost precision and needless to say, find the best rates in the market. We have established in the market as an esteemed money exchanger with years of experience, and have brought along all the industry expertise we have gathered to the online platform. We provide the best services on   currency converter  offline and also on online platforms.   Foreign Currency Exchange Rates We provide the best rates on Foreign currency  exchange .  Orient Exchange, as an RBI approved merchants   (category2) has sharpened its place in the ma

  Foreign currency  exchange in India has gone a long way. You may purchase and sell currencies at a variety of places, including private money changers, banks, and airports, among others. When traveling internationally for education, business, or pleasure, you will require the local currency for all transactions. You may have unspent   Foreign Currency  in your wallet after returning from a work or vacation trip. In this scenario, you will need to exchange your foreign currency for Indian rupees before proceeding with your operations. Foreign currency exchange is possible in India at banks, RBI-approved NBFCs, and even airports. But before you proceed to sell fore x online , make sure you are doing it at the RBI-authorised places to get the best exchange rates available in the market. You can also do market research to have a better understanding of how the exchange rates stand.   Get the Best Exchange Rate Its always better to deal with pioneers in the field with a goodwill close to

  How to reload Forex Card? Forex Cards usually have a validity of 5 years. Depending on need, you can load different currencies on same card. Reloading of forex travel card  or addition of new currencies can be done before leaving the country or even when you are travelling. Just select the “ Reload Forex Card ”  on our Home page and follow the steps. Scan copy of the relevant Reload form need to be sent which is downloadable from the order confirmation mail or final Successful Transaction page.   Document required to purchase multi currency forex card Self-attested copy of passport Copy of visa  Copy of Air ticket  Self-attested copy of PAN card. Forex cards are very convenient and economical way to carry foreign exchange  while travelling abroad. But before buying the same one must check if the destination currency is available on card or not. If destination currency is not available on card it may turn out to be expensive. Secondly the most important part is to carry good amount of

USD/INR The pair moved in a range of 81.55-82.92 during last week. The top at 82.96 remains same for the past 2 weeks there by making this a Tweezer top. There are chances that there could be stronger supply coming in at close to 82.95 and that the fresh flows could make the pair drift towards 82.44 and then to 82.10 support. Only a daily close below this would suggest further correction towards 81.90. Deeper corrections cannot be expected till we see a close below 82.10. Most likely scenario would be a consolidation between 82.20 and 83.20. A close outside this range requires re-assessment of risk/direction and target.   A few more observations: ·  The pair has a characteristic of moving in a very narrow range and suddenly moves taking everyone by surprise ·  We may not see a runaway in DXY. There can be relief rallies. ·  Full impact of the correction has not yet been seen in USDINR currency pair. Hence, the spikes in DXY need not necessarily impact this pair ·  The raising upward ch

  Orient Exchange   is  the most customer-oriented money changers in India . Exchange your foreign   currency without any effort at all at the comfort of your home, we made online money   exchange a breeze to use. But you are not aware of money exchange  rate today, don’t worry it’s   easy to find that out with a click of button, and we pride ourselves in the exactness of our   rates.   With Orient Exchange you can monitor the daily  currency exchange rates with utmost precision and needless to say, find the best rates in the market. We have established in the market as an esteemed money exchanger with years of experience, and have brought along all the industry expertise we have gathered to the online platform. We provide the best services on   currency converter  offline and also on online platforms.   Foreign Currency Exchange Rates We provide the best rates on Foreign currency  exchange .  Orient Exchange, as an RBI approved merchants   (category2) has sharpened its place in the ma