{"id":3842,"date":"2023-09-13T12:20:06","date_gmt":"2023-09-13T06:50:06","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3842"},"modified":"2024-09-02T10:51:16","modified_gmt":"2024-09-02T05:21:16","slug":"fx-rates-usdinr-forward-rate-september-13-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-september-13-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate September 13, 2023<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
\u00a0<\/div>\r\n
USD is now at 82.93. USDINR opened at 82.92. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.72% p.a<\/b><\/span><\/span>.\u00a0<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Indian CPI dipped to 6.83% in Aug from 7.44% in July.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-IIP climbed 5.7% in July vs 3.8% in June.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Brent crude climbs to USD 92 as OPEC report highlighted robust demand and tight supply.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US CPI is the key data release for the day.<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR View: Expect 83.30\/83.60 as possible\u00a0<\/span><\/b>levels for USDINR this month. On the\u00a0<\/span><\/b>downside,\u00a0<\/span><\/b>it needs to break 82.80 to move back down\u00a0<\/span><\/b>to\u00a0<\/span><\/b>82.55.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
RBI rates<\/span><\/b><\/div>\r\n
\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Trade 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
12-Sep-23<\/strong><\/td>\r\n82.97<\/strong><\/td>\r\n103.78<\/strong><\/td>\r\n89.05<\/strong><\/td>\r\n56.49<\/strong><\/td>\r\n<\/tr>\r\n
11-Sep-23<\/strong><\/td>\r\n82.88<\/strong><\/td>\r\n103.74<\/strong><\/td>\r\n88.95<\/strong><\/td>\r\n56.73<\/strong><\/td>\r\n<\/tr>\r\n
8-Sep-23<\/strong><\/td>\r\n83.16<\/strong><\/td>\r\n103.93<\/strong><\/td>\r\n89.15<\/strong><\/td>\r\n56.5<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 82.93.Prior day’s close was 82.92.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices climb marginally.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.18%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.72%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 82.93,<\/b>\u00a0EUR\/USD@ 1.0744, GBP\/USD @ 1.2489, USD\/JPY @ 147.38<\/b>, EUR\/INR @ 89.10,\u00a0<\/b>GBP\/INR @ 103.55,\u00a0<\/b>JPY\/INR @ 56.27.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Gold@1932, Brent Crude @ 92.35, Nifty @ 20008(+11), 10 Year G-SEC @ 7.18%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR payables can be hedged at 82.80.<\/b>\u00a0Eur receivables can be hedged on rally to 89.80. <\/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
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FX Rates and USD INR Forward Rate September 13, 2023 Major developments: \u00a0 USD is now at 82.93. USDINR opened at 82.92. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.72% p.a.\u00a0 \u00a0 -Indian CPI dipped to 6.83% in Aug from 7.44% in July. \u00a0 -IIP climbed 5.7% in July vs 3.8% in June. \u00a0 -Brent crude climbs […]<\/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-3842","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\/3842","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=3842"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3842\/revisions"}],"predecessor-version":[{"id":9181,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3842\/revisions\/9181"}],"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=3842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=3842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=3842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}