Foreign Exchange

Doha Bank has a dedicated team of treasury specialists offering clients a wide range of treasury products including FX Spot, Forwords, Swaps, Currency Options & Margin Trading.


Treasury Dealing Room timings

Monday to Friday – 7.30 AM to 8.00 PM
Sunday – 7.30 AM to 3.00 PM

Foreign Exchange Rate Sheet

Exchange Rates On: 24/03/2017 20:44:49
ABBR CURRENCY
🔍
BUY SELL E-REMITTANCE RATE
AUD Australian Dollar 2.7566000 2.8308000 -
BHD Bahrain Dinar 9.5450000 9.7000000 -
BDT Bangladesh Taka 0.0000001 0.0462000 0.0460999
CAD Canadian Dollar 2.7071000 2.7729000 -
CNH Chinese Yuan Renminbi 0.5182000 0.5392000 -
DKK Danish Krone 0.5230000 0.5337000 -
EGP Egyptian Pound 0.0000001 0.2150000 0.2145000
EUR Euro 3.8939000 3.9845000 -
XAU Gold 4428.0700000 4677.8500000 -
HKD Hong Kong Dollar 0.4608000 0.4784000 -
INR Indian Rupee 0.0549000 0.0561400 0.0559400
IDR Indonesian Rupiah 0.0002710 0.0002756 0.0002746
JPY Japanese Yen 0.0323000 0.0332000 -
JOD Jordanian Dinar 5.0387000 5.2062000 5.1742000
KZT Kazakhstani Tenge 0.0180000 0.0215000 -
KWD Kuwaiti Dinar 11.7910000 12.0190000 -
LBP Lebanese Lira 0.0000001 0.0024800 -
NPR Nepalese Rupee 0.0000001 0.0354700 0.0350000
NZD New Zealand Dollar 2.5351000 2.6187000 -
NOK Norwegian Krone 0.4262000 0.4348000 -
OMR Omani Riyal 9.2560000 9.4960000 9.4830000
PKR Pakistan Rupee 0.0000001 0.0350500 0.0349000
PHP Philippine Peso 0.0711000 0.0735000 0.0727000
GBP Pound Sterling 4.5075000 4.6032000 -
SAR Saudi Riyal 0.9570000 0.9755000 -
SGD Singapore Dollar 2.5797000 2.6346000 -
ZAR South African Rand 0.2857000 0.3023000 -
LKR Srilankan Rupee 0.0000001 0.0246800 0.0241200
SEK Sweden Krone 0.4097000 0.4190000 -
CHF Swiss Franc 3.6320000 3.7240000 -
48 Tunisian Dinar 1.5660000 1.6350000 -
TRY Turkish Lira 0.0000001 1.0420800 1.0270800
AED Uae Dirham 0.9770000 0.9943000 -
USD Us Dollar 3.6315000 3.6495000 3.6440000
YER Yemeni Riyal 0.0000001 0.0173000 -

FX products

  1. Spot : A spot transaction is the exchange of one currency for another currency, fixed immediately in respect of an underlying foreign exchange commitment, at a specified rate, where settlement takes place two business days later.
  2. Forward Contract : A forward contract is an agreement to buy or sell foreign currency at a specified price on a future date. A forward contract is a simple tool that can be used to hedge your currency risk. Clients are running increasingly greater risks in markets that are highly volatile and unpredictable. Forwards are effective & simple tools to manage this risk.
  3. Swaps : A currency swap involves two parties that exchange a notional principal with one another in order to gain exposure to a desired currency. Following the initial notional exchange, periodic cash flows are exchanged in the appropriate currency.
  4. Margin Trading : Doha Bank offers their clients “Margin Trading” service in foreign currency and precious metals by depositing a cash margin. For example, if the client deposits USD10,000 then the client will be able to trade up to USD100,000, subject to prevailing margin rate of 10%. A team of specialists at the Treasury and Investment department follows up clients’ orders, execute their deals, and keep them informed with the exchange rates and the latest market developments.
  5. Currency Option : Currency options are contracts in which the option buyer has the right to buy or sell currency at a specified exchange rate on a specified date. The option buyer pays a premium for buying the option. The maximum downside in plain vanilla options is limited to the premium paid for the option buyer. Currency options can be also be structured according to the clients requirements to execute their market view or underlying business requirement

Note:

Doha Bank’s retail, commercial and corporate products are granted at our sole discretion and are subject to the Bank’s terms, conditions and acceptance.