AfrAsia Bank Limited
Treasury Capabilities
 
  Treasury Capabilities  

AfrAsia Bank provides you with simple as well as sophisticated Forex and Money Market products to satisfy your commercial and investment needs.

We offer you prompt, efficient, flexible and competitive execution of Forex transactions according to your individual needs. Our specialist team of dealers will work closely with you for customised structured solutions, in order to meet specific hedging and investment requirements.

Operating out of an active dealing room in Port Louis, our dealers, Jen, Allan, and Rita are in constant contact with both the domestic and international markets , thus being able to provide you with latest market information to assist you in taking informed decisions and optimizing benefits.

AfrAsia Bank is also authorized by the Central Bank as a Primary Dealer in Government Securities.

Main Treasury products:
 
  • FX Spots - Include same day value, Tom Next and two days value transactions. Offered for FCYMUR pairs as well as FCY cross-currency. Quotes available for all currencies, including African or Asian exotic currencies.
  • FX Forwards - Offered for FCYMUR pairs as well as FCY cross-currencies. For MUR pairs, tenors can go up to 1-year on both buy and sell sides
  • FX Swaps - Mainly offered for MUR/FCY pairs with tenors ranging from 7 days to 3-months. Priced as a spot rate coupled with a reverse forward rate
  • FX Options - Available for USDMUR transactions for tenors of up to 1-year.
  • Money Market placements ranging from Overnight to 30 days and available for MUR and major Foreign Currencies
  • Trading in Government of Mauritius Treasury Securities
 
 
 
Market Brief
 
Our daily snapshot of the main forex markets with a brief comment on the main market movements.
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Exchange Rates
Currency Buying TT Selling TT
AUD29.8130.69
BWP3.663.77
DKK5.345.50
INR0.550.57
SEK4.634.77
CHF31.7332.91

View all Indicative Exchange Rates
 
 
Contact Details
Chief Forex Dealer
Allan Juste
Tel : 213 8873
Fax : 213 8850
Reuters Dealing : ABMU
Money Market Executive
Jen Ramanah
Tel : 213 8872
Fax :213 8850
Reuters Dealing : ABMU
Dealer
Rita Gangalaramsamy
Tel : 213 8857
Fax : 213 8850
Reuters Dealing : ABMU
 
 
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