{"id":3868,"date":"2023-09-14T11:41:39","date_gmt":"2023-09-14T06:11:39","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3868"},"modified":"2024-09-02T10:41:07","modified_gmt":"2024-09-02T05:11:07","slug":"fx-rates-usdinr-forward-rate-september-14-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-september-14-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate September 14, 2023<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 82.95. USDINR opened at 82.95. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.78% p.a<\/b><\/span><\/span>.\u00a0<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US CPI climbed 0.6% m\/m. Core CPI climbed 3.7% y\/y.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US CPI reading was mixed and impact on markets was muted.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-ECB meeting is a key event for the day.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US PPI and retail sales are other important data releases for the day.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/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
\u00a0<\/div>\r\n
\r\n\r\n\r\n\r\n\r\n
Trade Date\u00a0<\/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
13-Sep-23<\/strong><\/td>\r\n82.95<\/strong><\/td>\r\n103.29<\/strong><\/td>\r\n89.11<\/strong><\/td>\r\n56.33<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
-USDINR is at 82.95.Prior day’s close was 82.96.<\/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 7.14%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.78%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 82.95,<\/b>\u00a0EUR\/USD@ 1.0751, GBP\/USD @ 1.2504, USD\/JPY @ 147.12<\/b>, EUR\/INR @ 89.16,\u00a0<\/b>GBP\/INR @ 103.72,\u00a0<\/b>JPY\/INR @ 56.38.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Gold@1910, Brent Crude @ 92.45, Nifty @ 20110(+41), 10 Year G-SEC @ 7.14%.<\/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
\r\n
\r\n\r\nFor all your investment needs feel free to reach us.<\/strong><\/div>\r\n
\r\n\r\nGive us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\r\n<\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate September 14, 2023 Major developments: USD is now at 82.95. USDINR opened at 82.95. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.78% p.a.\u00a0 \u00a0 -US CPI climbed 0.6% m\/m. Core CPI climbed 3.7% y\/y. \u00a0 -US CPI reading was mixed and impact on markets was muted. \u00a0 -ECB meeting is […]<\/p>\n","protected":false},"author":6,"featured_media":3155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-3868","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\/3868","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=3868"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3868\/revisions"}],"predecessor-version":[{"id":9173,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/3868\/revisions\/9173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/3155"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=3868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=3868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=3868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}