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Interbank Foreign Exchange

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  People speak for interbank foreign exchange

  • QNA
Q. what is dollar rate in india today
:  A. The Rupee today strengthened by 35 paise to end firm at 46.30 against the dollar due to gains at the local stock markets, traders at the interbank...... more

http://qna.rediff.com/questions-and-answers/what-is-dollar-rate-in-india-today//answers/16010295

john deliwala
Q. what was the dollar rate today in india?
John Deliwala:  A. MUMBAI: The rupee closed slightly stronger at 48.12/17 per dollar, from an all-time low of 49.30 per dollar earlier, on continuous central bank...... more

http://qna.rediff.com/questions-and-answers/what-was-the-dollar-rate-today-in-india/16010255/answers/11302542

nina rani singh
Q. How is the value of currency is determined for a particular country?
Nina Rani Singh:  A. The most quoted number is the rate at the Interbank Foreign Exchange Market, where currency is traded just like shares in a share marketan over- or...... more

http://qna.rediff.com/questions-and-answers/how-is-the-value-of-currency-is-determined-for-a-particular-/11302477/answers/3905832

amalendra nath
Q. i am preparing a project on export marketing regarding different modes of payment in export marketing
Amalendra Nath:  A. 1. If the bill is drawn on a letter of credit, then it becomes an LC payment (Letter of credit is a definite undertaking of a bank to another bank...... more

http://qna.rediff.com/questions-and-answers/i-am-preparing-a-project-on-export-marketing-regarding-diffe/3905810/answers/3725889

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