{"id":4823,"date":"2023-11-24T11:44:56","date_gmt":"2023-11-24T06:14:56","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=4823"},"modified":"2024-08-31T14:13:31","modified_gmt":"2024-08-31T08:43:31","slug":"fx-rates-usdinr-forward-rate-november-24-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-november-24-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h3>FX Rates and USD INR Forward Rate November 24, 2023<\/h3>\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 83.36. USDINR opened at 83.33. Fwd\u00a0<\/span><\/span><\/b><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">premia &#8211;<\/span><\/span><\/b><strong><span style=\"font-family: arial;\"><span style=\"font-size: large;\">\u00a0<\/span><\/span><\/strong><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 1.60% 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>-ECB minutes indicated that higher rates will prevail for long and until inflation comes to <\/b><b>target levels.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-OPEC is meeting on Nov 26 th and could consider extending supply cuts.<\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">RBI rates<\/span><\/b><\/div>\r\n<div>\r\n<table style=\"height: 91px;\" width=\"521\">\r\n<tbody>\r\n<tr>\r\n<td style=\"text-align: center;\" width=\"70\"><strong>Trade Date\u00a0<\/strong><\/td>\r\n<td style=\"text-align: center;\" width=\"77\"><strong>1 USD<\/strong><\/td>\r\n<td style=\"text-align: center;\" width=\"64\"><strong>1 GBP<\/strong><\/td>\r\n<td style=\"text-align: center;\" width=\"64\"><strong>1 EUR<\/strong><\/td>\r\n<td style=\"text-align: center;\" width=\"64\"><strong>100 YEN<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td style=\"text-align: center;\"><strong>23-Nov-23<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.36<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>104.29<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>90.95<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>55.94<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<b> <\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><b>-USDINR is at 83.36.Prior day&#8217;s close was 83.33.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices trades flat.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.27%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.60%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.36,<\/b><b>\u00a0EUR\/USD@ 1.0905, GBP\/USD @ 1.2540, USD\/JPY @ 149.26<\/b><b>, EUR\/INR @ 90.89,\u00a0<\/b><b>GBP\/INR @ 104.51,\u00a0<\/b><b>JPY\/INR @ 55.84 <\/b><b>Gold@1993, Brent Crude @ 81.25, Nifty @ 19802(+0), 10 Year G-SEC @ 7.27%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR payables can be hedged on dips to 83.10 .<\/b><b>\u00a0Eur receivables can be hedged now\u00a0<\/b><b>.\u00a0<\/b><\/div>\r\n<div><b>GBPINR<\/b><b>\u00a0receivables\u00a0<\/b><b>can be hedged now.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/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 24, 2023 Major developments: USD is now at 83.36. USDINR opened at 83.33. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.60% p.a.\u00a0 \u00a0 -ECB minutes indicated that higher rates will prevail for long and until inflation comes to target levels. \u00a0 -OPEC is meeting on Nov 26 th and [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-4823","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\/4823","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=4823"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4823\/revisions"}],"predecessor-version":[{"id":8733,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/4823\/revisions\/8733"}],"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=4823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=4823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=4823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}