Forex Services

Forex Services

Forex Services

Our Forex Services include independent views on expected movements in currency markets.*

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We provide the following Forex Services:

  • Cash purchases and sales of foreign currency against INR for outward foreign currency payments on the same day
  • Forward purchases and sales of foreign currency against INR or other permitted currencies to cover exchange risk on contracted / committed imports / exports of goods and services
  • Forward contracts to cover risk on foreign currency loans such as ECB
  • Covering of inward remittances / payments against exports

* Views are provided without any liability on the part of the Bank or any assurance that the expressed view will unfold.