{"id":3012,"date":"2023-07-07T06:15:28","date_gmt":"2023-07-07T06:15:28","guid":{"rendered":"https:\/\/itzqode.info\/demo\/gwcblog\/?p=3012"},"modified":"2024-09-02T12:35:20","modified_gmt":"2024-09-02T07:05:20","slug":"fx-rates-usdinr-forward-rate-july-07-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-july-07-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"\t\t
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FX Rates and USD INR Forward Rate July 07, 2023<\/h1>

Major developments:<\/h4>

USD is now at 82.43. USDINR opened at 82.36. Fwd\u00a0premia \u2013\u00a01\u00a0year\u00a0fwdpremia is at 1.60% p.a.
-Fed\u2019s minutes indicated further rate hikes. Members were concerned about inflation and tight labor market. Earlier expectation was for one rate hike in July.
-Eur\/USD fell to 1.0840.
-US Yields inched higher with 10 Year at 3.94%.
-Due to climb in US Yields, USDINR fwd premia softened to 1.6%\u00a0annualized\u00a0for 1 year.-Indian PMI(services) remained robust at 58.5. However, it has declined from May levels.<\/strong>
-US employment, ISM(services) data, ADP employment report are important events for the week.<\/strong>

RBI ref rates<\/strong><\/p>

\u00a0<\/td><\/tr><\/tbody><\/table><\/figure>

-USDINR is at 82.43.<\/strong> Prior day\u2019s close was 82.22.-Indian Equity indices climb.<\/strong><\/p>

-Indian 10 year G-SEC yield is at 7.13%.<\/strong><\/p>

-USDINR 1 yr fwd premia is at 1.60%.USDINR @ 82.43,\u00a0EUR\/USD@ 1.0843, GBP\/USD @ 1.2704, USD\/JPY @ 143.89, EUR\/INR @ 89.38,\u00a0GBP\/INR @ 104.72,\u00a0JPY\/INR @ 57.28Gold@1925, Brent Crude @ 76.40, Nifty @ 19453(+54), 10 Year G-SEC @ 7.13%.<\/strong><\/p>

Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/p>

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Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Major developments: USD is now at 82.43. USDINR opened at 82.36. Fwd\u00a0premia \u2013\u00a01\u00a0year\u00a0fwdpremia is at 1.60% p.a. -Fed\u2019s minutes indicated further rate hikes. Members were concerned about inflation and tight labor market. Earlier expectation was for one rate hike in July. -Eur\/USD fell to 1.0840. -US Yields inched higher with 10 Year at 3.94%. -Due […]<\/p>\n","protected":false},"author":5,"featured_media":3162,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=3012"}],"version-history":[{"count":5,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3012\/revisions"}],"predecessor-version":[{"id":9339,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3012\/revisions\/9339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/3162"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=3012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=3012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=3012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}