{"id":5159,"date":"2023-12-27T12:08:16","date_gmt":"2023-12-27T06:38:16","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5159"},"modified":"2024-08-31T13:50:40","modified_gmt":"2024-08-31T08:20:40","slug":"fx-rates-usdinr-forward-rate-december-27-2023","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-december-27-2023\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate December 27, 2023<\/h1>\r\n<h4><b>Major developments:<\/b><\/h4>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.26. 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 1.78% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.<\/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;\">&#8211; No major developments expected this week. Market is expected to be thin.\u00a0<\/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;\">-Year end USD demand could push Rupee to 83.30.<\/span><\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR outlook:\u00a0<\/b><b>Exporters can hedge at around 83.27\/83.30 and importers can wait to hedge <\/b><b>at\u00a0<\/b><b>\u00a0around 82.80 zone.<\/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><b><span style=\"font-family: arial;\"><img id=\"m_6888240977921838176ymail_ctr_id_-45290-4\" \/><\/span><\/b><\/b>\r\n<table style=\"height: 71px;\" width=\"455\">\r\n<tbody>\r\n<tr>\r\n<td style=\"text-align: center;\" width=\"74\"><strong>Trade Date<\/strong><\/td>\r\n<td style=\"text-align: center;\" width=\"64\"><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 EURO<\/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>26-Dec-23<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.17<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>105.67<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>91.68<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>58.45<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR is at 83.26.Prior day&#8217;s close was 83.17.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices climb.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.19%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.78%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.26,<\/b><b>\u00a0EUR\/USD@ 1.1042, GBP\/USD @ 1.2731, USD\/JPY @ 142.63<\/b><b>, EUR\/INR @ 91.67,\u00a0<\/b><b>GBP\/INR @ 106,\u00a0<\/b><b>JPY\/INR @ 58.37. <\/b><b>Gold@2065, Brent Crude @ 81, Nifty @ 21573(+132), 10 Year G-SEC @ 7.19%.<\/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 dips to 83.27\/83.30 .<\/b><b>\u00a0<\/b><\/div>\r\n<div><b>Eur receivables can be hedged <\/b><b>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>\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 December 27, 2023 Major developments: USD is now at 83.26. USDINR opened at 83.20. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.78% p.a. \u00a0 &#8211; No major developments expected this week. Market is expected to be thin.\u00a0 \u00a0 -Year end USD demand could push Rupee to 83.30. \u00a0 USDINR outlook:\u00a0Exporters [&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-5159","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\/5159","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=5159"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5159\/revisions"}],"predecessor-version":[{"id":8696,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5159\/revisions\/8696"}],"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=5159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}