Internet Banking
Click icon again to close
Type to search
Below is a list of some popular pages

Treasury

Daily Market Patrol

Back to Treasury Insights
Market Patrol 02 April 2026

Don’t count the days, make the days count.

Muhammad Ali
Indicative Selling Rates
against MUR
USD
02 Apr 2026
  • AUD
  • 34.10
  • 0.7197
  • BWP
  • 3.47
  • 0.0733
  • CAD
  • 35.71
  • 1.3269
  • CNY
  • 7.31
  • 6.4809
  • DKK
  • 7.66
  • 6.1820
  • EUR
  • 54.93
  • 1.1594
  • HKD
  • 6.27
  • 7.5620
  • INR
  • 0.54
  • 88.4784
  • JPY
  • 31.33
  • 151.2400
  • KES
  • 37.71
  • 125.6425
  • NZD
  • 28.37
  • 0.5987
  • NOK
  • 5.05
  • 9.3848
  • SGD
  • 38.21
  • 1.2400
  • ZAR
  • 2.93
  • 16.1926
  • SEK
  • 5.23
  • 9.0535
  • CHF
  • 61.59
  • 1.3000
  • GBP
  • 63.02
  • 1.3302
  • USD
  • 47.38
  • 1.0000
  • AED
  • 13.43
  • 3.5269
The Euro slipped back following U.S. President Donald Trump latest announcement on the Iran war that has dimmed prospects for de-escalation.
Fundamental News

EUR/USD

The Euro slipped back to $1.1533 following U.S. President Donald Trump latest announcement on the Iran war that has dimmed prospects for de-escalation.

GBP/USD

The Pound Sterling weakened to 1.3228 against the U.S dollar undermined by inflation concerns and the Bank of England’s signal of a possible near-term rate hike amplify downside risks to the UK economic growth.

USD/JPY

The Japanese Yen fell back to 159.35 versus the greenback amid the Bank of Japan’s Tankan survey showed large manufacturers’ sentiment, the highest since Q4 2021, even amid persistent oil-related pressures.

AUD/USD

The Australian dollar retreated to $0.6878 in February even as building permits unexpectedly jumped 29.7% month-on-month versus a 6.5% forecast, indicating stronger housing activity.

USD/CAD

The Canadian Dollar remained at $1.3911 while de-escalation optimism has driven oil prices off recent highs have failed to lend meaningful support to the commodity-linked loonie.

USD/ZAR

The South African Rand traded lower to 17.0008 against the U.S dollar as the U.S. ISM Manufacturing PMI rose in March, beating expectations, while U.S retail sales also came in above forecasts.

USD/MUR

The Dollar-Rupee gained 14 cents to 47.38 (Selling) this morning.

Fundamental & Technical Data
Economic Indicators-Local Time

10:30 AM CHF Consumer Price Index (YoY) (Mar)

12:00 PM EUR Economic Bulletin

3:30 PM USD Challenger Job Cuts (Mar)

4:30 PM USD Initial Jobless Claims

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
1.1713
1.3379
161.01
17.46
R2
1.1638
1.3322
160.50
17.34
R1
1.1596
1.3274
159.62
17.02
PP
1.1521
1.3217
159.11
16.89
S1
1.1479
1.3169
158.23
16.82
S2
1.1404
1.3112
157.72
16.70
S3
1.1362
1.3064
156.84
16.50
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
Previous View Market Patrol Archives
Weekly Market Update by Devisha Ramsurrun
Listen
Speak to our team
  • Allan Juste
    Head - Forex And Derivatives
    +230 5251 4855
    Email
  • Reshma Peerun Rajwani
    Head – Treasury Sales
    +230 403 5500
    Email
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.
Become a client
Rates & Fees
View all rates and fees
Application Forms
REGULATORY BODY GUIDELINES
View all regulatory body guidelines View our security tips
Our Shareholders
Swift Code AFBLMUMU
AfrAsia Bank Limited is licensed and regulated by the Bank of Mauritius and the Financial Services Commission.

AfrAsia Bank Limited is regulated by the South African Reserve Bank and the Financial Sector Conduct Authority (FSP 52012)

AfrAsia Bank Limited (Dubai Branch) is regulated by DFSA.

Copyright 2026 AfrAsia Bank Limited. Designed by FRCI

AfrAsia Bank uses cookies to improve your user experience. By continuing on this website without changing your settings, you will be providing us with your consent to receive all cookies.
For more information, please visit our privacy policy and cookie policy.

Accept and close