{"id":4696,"date":"2023-10-30T14:14:00","date_gmt":"2023-10-30T08:44:00","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4696"},"modified":"2024-08-31T16:18:15","modified_gmt":"2024-08-31T10:48:15","slug":"fx-rates-usdinr-forward-rate-october-30-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-october-30-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate October 30, 2023<\/h1>\r\n

Major developments:<\/b><\/h3>\r\n
USD is now at 83.25. USDINR opened at 83.255. 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 FOMC meeting and BOE rate decisions are important events for the week.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-US NFP is another important data release.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-RBI action in USD sales is stemming Rupee’s downward movement.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
RBI rates<\/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
27-Oct-23<\/strong><\/td>\r\n83.25<\/strong><\/td>\r\n100.91<\/strong><\/td>\r\n87.89<\/strong><\/td>\r\n55.42<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.25.Prior day’s close was 83.24.<\/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 7.36%.<\/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 @ 83.25,<\/b>\u00a0EUR\/USD@ 1.0558, GBP\/USD @ 1.2109, USD\/JPY @ 149.48<\/b>, EUR\/INR @ 87.87,\u00a0<\/b>GBP\/INR @ 100.81,\u00a0<\/b>JPY\/INR @ 55.70 <\/b>Gold@1996, Brent Crude @ 88, Nifty @ 19122(+75), 10 Year G-SEC @ 7.36%.<\/b><\/div>\r\n
\u00a0<\/b><\/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
\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>\r\n<\/div>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate October 30, 2023 Major developments: USD is now at 83.25. USDINR opened at 83.255. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.74% p.a.\u00a0 \u00a0 -US FOMC meeting and BOE rate decisions are important events for the week. \u00a0 -US NFP is another important data release. \u00a0 -RBI action in USD […]<\/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-4696","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\/4696","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=4696"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4696\/revisions"}],"predecessor-version":[{"id":8861,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4696\/revisions\/8861"}],"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=4696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=4696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=4696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}