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Treasury

Daily Market Patrol

Market Patrol 28 November 2025

Strength and growth come only through continuous effort and struggle.

Napoleon Hill
Indicative Selling Rates
against MUR
USD
28 Nov 2025
  • AUD
  • 31.99
  • 0.6862
  • BWP
  • 3.48
  • 0.0745
  • CAD
  • 34.15
  • 1.3652
  • CNY
  • 6.97
  • 6.6896
  • DKK
  • 7.43
  • 6.2706
  • EUR
  • 54.29
  • 1.1646
  • HKD
  • 6.21
  • 7.5074
  • INR
  • 0.55
  • 84.8660
  • JPY
  • 31.44
  • 148.2705
  • KES
  • 37.19
  • 125.3412
  • NZD
  • 27.99
  • 0.6003
  • NOK
  • 4.71
  • 9.9026
  • SGD
  • 37.39
  • 1.2467
  • ZAR
  • 2.85
  • 16.3393
  • SEK
  • 5.06
  • 9.2150
  • CHF
  • 60.21
  • 1.2914
  • GBP
  • 62.04
  • 1.3307
  • USD
  • 46.62
  • 1.0000
  • AED
  • 13.22
  • 3.5253
The Australian dollar rose to $0.6525 after hotter inflation
Fundamental News

EUR/USD
The Euro held near 1.1590 after ECB minutes signaled policymakers favor keeping rates steady, with some seeing no need for further easing.

GBP/USD
The pound sterling climbed toward $1.3240 as markets reassessed Chancellor Rachel Reeves’ budget and her pledge to uphold fiscal discipline.

USD/JPY
The Japanese Yen lost some footing to trade at $156.30 after Tokyo unveiled its largest post-pandemic stimulus, while the BoJ eyes a possible December rate hike.

AUD/USD
The Australian dollar rose to $0.6525 after hotter inflation reduced expectations of RBA cuts and reignited the risk of another hike.

USD/CAD
The Canadian dollar pulls back towards 1.4050 against the greenback after the Thanksgiving holiday, weighed down by stronger-than-expected Canadian GDP data.

USD/ZAR
The rand weakened slightly against the dollar on the previous trading session and is currently trading at $17.1550 after data showed South Africa's producer price inflation accelerated in October.

USD/MUR
The USD gained 10 cents against the MUR today, trading at 46.62 on the offer side.


Fundamental & Technical Data
Economic Indicators-Local Time

11:00 EUR Retail Sales (MoM) (Oct)

14:00 CHF GDP (QoQ) (Q3)

17:00 EUR Consumer Price Index (YoY) (Nov)

17:30 CAD GDP Annualized (Q3)

 

Central Bank Interest Rates
Last Change
New Meeting
Federal Bank of U.S
4.0%
28-Oct-2025
09-Dec-2025
European Central Bank
2.00%
24-Jun-2025
18-Dec-2025
Bank of England
4.00%
07-Aug-2025
18-Dec-2025
Bank of Japan
0.5%
30-Jul-2025
19-Dec-2025
Reserve Bank of Australia
3.6%
20-May-2025
09-Dec-2025
S.Africa Reserve Bank
6.75%
20-Nov-2025
29-Jan-2026
Reserve Bank of India
5.5%
06-Jun-2025
05-Dec-2025
Bank of Mauritius
4.50%
04-Feb-2025
18-Dec-2025
Looking for Markets correlation?
Market Correlation is a measure, statistical or observational, that gives a positive or negative link between the pricing of multiple currencies.

Bulls & Bears Levels
Resistance and Support
Levels
EUR/USD
GBP/USD
USD/JPY
USD/ZAR
R3
1.1652
1.3330
157.41
17.26
R2
1.1633
1.3300
156.95
17.22
R1
1.1615
1.3270
156.63
17.18
PP
1.1596
1.3240
156.17
17.14
S1
1.1578
1.3210
155.85
17.11
S2
1.1559
1.3180
155.39
17.07
S3
1.1541
1.3150
155.07
17.04
Technical Analysis - Forex Charts
EUR/USD Outlook- A setback is anticipated following the recent rally to $1.1566 in April 2025
Chart updated on 26.05.2023
USD/MUR Outlook Bearish turn ahead !
Chart posted on 08.05.2023
EUR/MUR- A continuation of the uptrend!
Chart posted on 08.05.2023
The Pound is expected to experience a short-term rally before trending lower in wave C of a Zig-Zag corrective pattern
Chart posted on 12.08.2024
The Rand, an emerging market’s hero.
Chart posted on 24.09.2024
Yen bull, taking a breather before resuming its rally! 137.00
Chart posted on 12.08.2024
USDCAD - Medium term view
Chart posted on 27.08.2024
USD/JPY – Taking a step back to take two steps forward
Chart posted on 26.09.2024
The Aussie dollar- Medium Term View
Chart posted on 21.01.2025
Chart posted on 21.01.2025
Weekly Market Update by Devisha Ramsurrun
Speak to our team
  • Allan Juste
    Head - Forex And Derivatives
    +230 5251 4855
  • Reshma Peerun Rajwani
    Head – Treasury Sales
    +230 403 5500
Disclaimer
Please note that the information published is purely indicative. It is based on technical data from sources which the Bank verily believes to be authentic, though its timeliness or accuracy cannot be warranted or guaranteed. AfrAsia Bank Ltd issues no invitation to anyone to rely on this bulletin and neither we nor our information providers shall be in no way whatsoever, liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness, or for any delay or interruption in the transmission thereof to the user. The indicative rates and other market information are subject to changes at the Bank's discretion. Whilst every effort is made to ensure the information is accurate, you should confirm the latest situation with the Bank prior to making any decisions.