HDFC Bank played according to plan shared on November 4. At closing, HDFC bank gave clear breakout from 1250 level. Now this level will give as support for further up move. Plans for 5th November almost remains same as 4th November. Below are the plans for 5th November. 1. Any dip towards 1250 is a buy for HDFC bank. What is Forex Trading? Open 24 hours a day and with average daily turnover of $4 trillion the forex market is the largest traded and most liquid market in the world. At the heart of it forex is about speculating on the exchange rate of one currency against another for example the Euro vs. the US dollar. HDFC BANK. RBI circular: Overseas Forex Trading through internet trading portals. As per extant regulatory guidelines, Resident Indians are not permitted to make remittances in the nature of margins or margin calls to overseas exchanges/overseas counterparty. Remittance in any form towards overseas foreign exchange trading (including through electronic/internet trading portals or by use of Credit/Debit Cards) is strictly prohibited. Foreign/Forex Exchange Services: If you need to deal in foreign currency HDFC Bank has a range of products and services that you can choose from like transfer money to India, make payments etc. Keep tabs on exchange rates every now and then to transact smoothly, efficiently and in a timely manner. Overseas Trading in Foreign Exchange through electronic/internet trading portals As per RBI circular No 46 dated September 17, 2013, it has been clarified that overseas forex trading through digital trading portals, in respect of the margin payments being made by their customer for online forex trading transactions( directly /Indirectly Definitions: In this document the following words and phrases have the meaning opposite them unless the context indicates below: Bank refers to HDFC Bank Limited, a banking company incorporated in India under the Companies Act 1956 and having its registered office at HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India and includes its successors and assigns
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