{"id":4657,"date":"2023-10-27T12:15:22","date_gmt":"2023-10-27T06:45:22","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4657"},"modified":"2024-08-31T16:24:17","modified_gmt":"2024-08-31T10:54:17","slug":"fx-rates-usdinr-forward-rate-october-27-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-october-27-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate October 27, 2023<\/h1>\r\n

Major developments:<\/b><\/h3>\r\n
USD is now at 83.24. USDINR opened at 83.22. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.74% p.a<\/b><\/span><\/span>.\u00a0<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
-US GDP climbed 4.95 q\/q and 2.9% y\/y. Durables data and home sales data were strong.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-ECB held rates steady.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-US Income and Core PCE data are important data events for the day.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
RBI rates<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
\r\n<\/colgroup>\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
26-Oct-23<\/strong><\/td>\r\n83.24<\/strong><\/td>\r\n100.51<\/strong><\/td>\r\n87.7<\/strong><\/td>\r\n55.22<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.24.Prior day’s close was 83.25.<\/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 7.35%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.74%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.24,<\/b>\u00a0EUR\/USD@ 1.0567, GBP\/USD @ 1.2136, USD\/JPY @ 150.24<\/b>, EUR\/INR @ 87.94,\u00a0<\/b>GBP\/INR @ 101.02,\u00a0<\/b>JPY\/INR @ 55.41. <\/b>Gold@1989, Brent Crude @ 89, Nifty @ 19004(+147), 10 Year G-SEC @ 7.35%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Hedging:<\/b><\/div>\r\n
USDINR payables can be hedged on dipes to 83.10 .<\/b>\u00a0Eur receivables can be hedged now and on rally 88.70.\u00a0<\/b><\/div>\r\n
GBPINR<\/b>\u00a0receivables can be hedged closer to\u00a0<\/b>102.40\/103.50.<\/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
For all your investment needs feel free to reach us.<\/strong>\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<\/div>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate October 27, 2023 Major developments: USD is now at 83.24. USDINR opened at 83.22. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.74% p.a.\u00a0 \u00a0 -US GDP climbed 4.95 q\/q and 2.9% y\/y. Durables data and home sales data were strong. \u00a0 -ECB held rates steady. \u00a0 -US Income and Core […]<\/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-4657","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\/4657","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=4657"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4657\/revisions"}],"predecessor-version":[{"id":8885,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4657\/revisions\/8885"}],"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=4657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=4657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=4657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}