{"id":4784,"date":"2023-11-16T11:26:45","date_gmt":"2023-11-16T05:56:45","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4784"},"modified":"2024-08-31T16:03:25","modified_gmt":"2024-08-31T10:33:25","slug":"fx-rates-usdinr-forward-rate-november-16-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-november-16-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate November 16, 2023<\/h1>\r\n<h3><b>Major developments:<\/b><\/h3>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.20. USDINR opened at 83.20. 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 1.56% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.\u00a0<\/span><\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-US retail sales and PPI softened.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-UK inflation fell steeply.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Brent crude declined to USD 80.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b><span style=\"font-family: arial;\">RBI rates<\/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;\"><img decoding=\"async\" class=\"CToWUd\" src=\"https:\/\/mail.google.com\/mail\/u\/0?ui=2&amp;ik=6eca472849&amp;attid=0.2&amp;permmsgid=msg-f:1782697848832419628&amp;th=18bd6a3f9582672c&amp;view=fimg&amp;fur=ip&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ9-Ok3TtgHJI4ZMg-SYjmsquA69aVIR3FqJl21VCpzZZHBeAH2lWPZO7OVcNMVwkXzNHhCjRrXYfWpgXjn9a0wphB1fgDlnaBxgD1nV28U1oYvN8kvaUUdDAY8&amp;disp=emb\" data-image-whitelisted=\"\" data-bit=\"iit\" \/> <\/span><\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR is at 83.20.Prior day&#8217;s close was 83.10.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices climb marginally.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.23%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.56%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.20,<\/b><b>\u00a0EUR\/USD@ 1.0837, GBP\/USD @ 1.2393, USD\/JPY @ 151.25<\/b><b>, EUR\/INR @ 90.17,\u00a0<\/b><b>GBP\/INR @ 103.13,\u00a0<\/b><b>JPY\/INR @ 55.01. <\/b><b>Gold@1962, Brent Crude @ 80.60, Nifty @ 19713(+38), 10 Year G-SEC @ 7.23%.<\/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 on dipes to 83.10 .<\/b><b>\u00a0Eur receivables can be hedged now\u00a0<\/b><b>.\u00a0<\/b><b>GBPINR<\/b><b>\u00a0receivables\u00a0<\/b><b>can be hedged now.<\/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><strong>For all your investment needs feel free to reach us.<\/strong>\r\n<div>\r\n<div><!-- \/wp:post-content -->\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>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>FX Rates and USD INR Forward Rate November 16, 2023 Major developments: USD is now at 83.20. USDINR opened at 83.20. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.56% p.a.\u00a0 \u00a0 -US retail sales and PPI softened. \u00a0 -UK inflation fell steeply. \u00a0 -Brent crude declined to USD 80. \u00a0 RBI rates \u00a0 \u00a0 -USDINR is at [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-4784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-update"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4784","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=4784"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4784\/revisions"}],"predecessor-version":[{"id":8845,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4784\/revisions\/8845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/4769"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=4784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=4784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=4784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}