{"id":2983,"date":"2023-07-07T05:41:45","date_gmt":"2023-07-07T05:41:45","guid":{"rendered":"https:\/\/itzqode.info\/demo\/gwcblog\/?p=2983"},"modified":"2024-08-26T11:58:49","modified_gmt":"2024-08-26T06:28:49","slug":"fx-rates-and-usdinr-fwds","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-and-usdinr-fwds\/","title":{"rendered":"FX RATES AND USDINR FWDS"},"content":{"rendered":"
Major developments:<\/strong><\/p>\n USD is now at 77.24. USDINR opened at 77.29. Today, the pair could trade in the 77.20-77.45<\/strong> Zone.\u00a0<\/strong><\/p>\n US and Indian Inflation data are key events for this week. USDINR has supports at 76.98 and\u00a0<\/strong> resistance is at 77.55. Fear of excessive rates tightening, Chinese lockdown and Ukraine war\u00a0continue to dominate economic and market developments.<\/strong><\/p>\n -USDINR is at 77.24 .Prior day\u2019s close was 77.46.<\/strong><\/p>\n -Indian Equity indices trade marginally higher.<\/strong><\/p>\n -Indian 10 year G-SEC yield is at 7.39%.<\/strong><\/p>\n -USDINR 1 yr fwd premia is at 4.04%.<\/strong><\/p>\n USDINR @ 77.24,\u00a0EUR\/USD 1.0581, GBP\/USD @ 1.2370, USD\/JPY @ 130.38, EUR\/INR @ 81.73, GBP\/INR @ 95.53<\/strong><\/p>\n