{"id":5355,"date":"2024-01-12T12:23:09","date_gmt":"2024-01-12T06:53:09","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5355"},"modified":"2024-09-02T11:18:43","modified_gmt":"2024-09-02T05:48:43","slug":"fx-rates-usdinr-forward-rate-january-12-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-january-12-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate January 12, 2024<\/span><\/h1>\r\n

Major developments:<\/b><\/h4>\r\n
USD is now at 82.98. USDINR opened at 83.06. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.86% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US CPI climbed 3.4% y\/y as against consensus of 3.1% y\/y.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Higher than expected CPI data implies that a return to 2% inflation will be gradual.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Fed may push back rate cuts to Q2.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Rupee gains on strong inflows.<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
RBI rates<\/span><\/b><\/div>\r\n
\r\n\r\n\r\n\r\n\r\n
Trade Date<\/strong><\/td>\r\n1 USD<\/strong><\/td>\r\n1 GBP<\/strong><\/td>\r\n1 EURO<\/strong><\/td>\r\n100 YEN<\/strong><\/td>\r\n<\/tr>\r\n
11-Jan-24<\/strong><\/td>\r\n82.94<\/strong><\/td>\r\n105.93<\/strong><\/td>\r\n91.11<\/strong><\/td>\r\n57.02<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 82.98.Prior day’s close was 83.03.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices gain.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.17%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.86%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 82.98,<\/b>\u00a0EUR\/USD@ 1.0975, GBP\/USD @ 1.2770, USD\/JPY @ 145.19<\/b>, EUR\/INR @ 91.08,\u00a0<\/b>GBP\/INR @ 105.95\u00a0<\/b>JPY\/INR @ 57.15. <\/b>Gold@2035, Brent Crude @ 79, Nifty @ 21838(+190), 10 Year G-SEC @ 7.17%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR payables can be hedged now .<\/b>\u00a0<\/b><\/div>\r\n
USD EXPORTS can be hedged at 83.35\/83.40.<\/b><\/div>\r\n
Eur receivables can be hedged\u00a0<\/b>now\u00a0<\/b>.\u00a0<\/b><\/div>\r\n
GBPINR<\/b>\u00a0receivables\u00a0<\/b>can be hedged now.<\/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 January 12, 2024 Major developments: USD is now at 82.98. USDINR opened at 83.06. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.86% p.a. \u00a0 -US CPI climbed 3.4% y\/y as against consensus of 3.1% y\/y. \u00a0 -Higher than expected CPI data implies that a return to 2% inflation will be […]<\/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-5355","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\/5355","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=5355"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5355\/revisions"}],"predecessor-version":[{"id":9222,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5355\/revisions\/9222"}],"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=5355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}