{"id":3619,"date":"2023-09-04T11:44:40","date_gmt":"2023-09-04T06:14:40","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3619"},"modified":"2024-09-02T11:51:31","modified_gmt":"2024-09-02T06:21:31","slug":"fx-rates-usdinr-forward-rate-september-4-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-september-4-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"


FX Rates and USD INR Forward Rate September 4, 2023<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 82.75. USDINR opened at 82.74. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.64% p.a<\/b><\/span><\/span>.\u00a0<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
-US employment report showed that the economy added 187 k jobs in Aug and prior months <\/span><\/b>job additions were trimmed by 110k. Unemployment rate climbed to 3.8% and hourly <\/span><\/b>earnings rose less than expected by 0.2%.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US D gained despite below expected earnings data.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US CPI and PPI are key events for the week.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
USDINR View: USDINR could trade in the 82.60-82.95 range this week and trade up to 83.30\u00a0<\/span><\/b>this month.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
RBI rates :<\/span><\/b><\/div>\r\n
\r\n<\/colgroup>\r\n\r\n\r\n\r\n
\u00a0Trade Date<\/strong><\/td>\r\n1 USD<\/strong><\/td>\r\n1 GBP<\/strong><\/td>\r\n1 EUR<\/strong><\/td>\r\n100 YEN<\/strong><\/td>\r\n<\/tr>\r\n
01-Sep-23<\/strong><\/td>\r\n82.67<\/strong><\/td>\r\n104.64<\/strong><\/td>\r\n89.62<\/strong><\/td>\r\n56.79<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 82.75.Prior day’s close was 82.72.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices climb.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.17%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.63%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 82.68,<\/b>\u00a0EUR\/USD@ 1.0846, GBP\/USD @ 1.2668, USD\/JPY @ 145.51<\/b>, EUR\/INR @ 89.67,\u00a0<\/b>GBP\/INR @ 104.73,\u00a0<\/b>JPY\/INR @ 56.82.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Gold@1965, Brent Crude @ 87, Nifty @ 19312(+59), 10 Year G-SEC @ 7.17%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR payables can be hedged at 82.60.<\/b>\u00a0Eur receivables can be hedged. <\/b><\/div>\r\n
GBPINR <\/b>receivables can be hedged closer to <\/b>105.50\/106.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
\r\n
Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n
\r\n
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\r\n\r\nGive us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\r\n<\/div>\r\n<\/div>\r\n
\u00a0<\/div>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate September 4, 2023 Major developments: USD is now at 82.75. USDINR opened at 82.74. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.64% p.a.\u00a0 \u00a0 -US employment report showed that the economy added 187 k jobs in Aug and prior months job additions were trimmed by 110k. Unemployment rate climbed to […]<\/p>\n","protected":false},"author":6,"featured_media":3162,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-3619","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-currency-update","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3619","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\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=3619"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3619\/revisions"}],"predecessor-version":[{"id":9296,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3619\/revisions\/9296"}],"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=3619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=3619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=3619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}