{"id":3640,"date":"2023-09-05T11:04:07","date_gmt":"2023-09-05T05:34:07","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3640"},"modified":"2024-09-02T11:45:34","modified_gmt":"2024-09-02T06:15:34","slug":"fx-rates-usdinr-forward-rate-september-5-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-september-5-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate September 5, 2023<\/h1>\r\n<h2><b>Major developments:<\/b><\/h2>\r\n<div>\u00a0<\/div>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 82.83. USDINR opened at 82.78. Fwd\u00a0<\/span><\/span><\/b><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">premia &#8211;\u00a0<\/span><\/span><\/b><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><strong>1\u00a0year\u00a0fw<\/strong><b>d <\/b><\/span><\/span><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><b>premia is at 1.64% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.\u00a0<\/span><\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b><span style=\"font-family: arial;\">-US CPI and PPI are key events for the week.<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">USDINR View: USDINR could trade in the 82.60-82.95 range this week and trade up to 83.30\u00a0<\/span><\/b><b><span style=\"font-family: arial;\">this month.<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">RBI rates<\/span><\/b><\/div>\r\n<div>\r\n<table style=\"height: 67px;\" width=\"540\"><colgroup><col width=\"80\" \/><col span=\"4\" width=\"68\" \/><\/colgroup>\r\n<tbody>\r\n<tr>\r\n<td width=\"80\" height=\"19\">\u00a0<strong>Trade Date\u00a0<\/strong><\/td>\r\n<td width=\"68\"><strong>1 USD<\/strong><\/td>\r\n<td width=\"68\"><strong>1 GBP<\/strong><\/td>\r\n<td width=\"68\"><strong>1 EUR<\/strong><\/td>\r\n<td width=\"68\"><strong>100 YEN<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td align=\"right\" height=\"19\"><strong>04-Sep-23<\/strong><\/td>\r\n<td align=\"right\"><strong>82.73<\/strong><\/td>\r\n<td align=\"right\"><strong>104.35<\/strong><\/td>\r\n<td align=\"right\"><strong>89.25<\/strong><\/td>\r\n<td align=\"right\"><strong>56.6<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<b><\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR is at 82.83.Prior day&#8217;s close was 82.74.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices climb.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.19%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.64%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 82.83,<\/b><b>\u00a0EUR\/USD@ 1.0793, GBP\/USD @ 1.2627, USD\/JPY @ 146.66<\/b><b>, EUR\/INR @ 89.38,\u00a0<\/b><b>GBP\/INR @ 104.58,\u00a0<\/b><b>JPY\/INR @ 56.47.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Gold@1965, Brent Crude @ 89, Nifty @ 19556(+27), 10 Year G-SEC @ 7.19%.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR payables can be hedged at 82.60.<\/b><b>\u00a0Eur receivables can be hedged. <\/b><\/div>\r\n<div><b>GBPINR <\/b><b>receivables can be hedged closer to <\/b><b>105.50\/106.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div>\r\n<div><strong>Click to open an Account<\/strong>\u00a0:\u00a0<a href=\"https:\/\/ekyc.gwcindia.in\/client\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n<div>\r\n<div><!-- \/wp:post-content -->\r\n\r\n<!-- wp:paragraph --><strong>For all your investment needs feel free to reach us.<\/strong><\/div>\r\n<div><!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph --><strong>Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\r\n<\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>FX Rates and USD INR Forward Rate September 5, 2023 Major developments: \u00a0 USD is now at 82.83. USDINR opened at 82.78. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.64% p.a.\u00a0 \u00a0 -US CPI and PPI are key events for the week. \u00a0 USDINR View: USDINR could trade in the 82.60-82.95 range this week and trade up [&hellip;]<\/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-3640","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\/3640","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=3640"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3640\/revisions"}],"predecessor-version":[{"id":9280,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3640\/revisions\/9280"}],"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=3640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=3640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=3640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}