{"id":5405,"date":"2024-01-18T12:57:32","date_gmt":"2024-01-18T07:27:32","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5405"},"modified":"2024-09-02T11:07:14","modified_gmt":"2024-09-02T05:37:14","slug":"fx-rates-usdinr-forward-rate-january-18-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-january-18-2024\/","title":{"rendered":"FX rates and USDINR"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate January 18, 2024<\/h1>\n<div><b>Major developments:<\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.155. USDINR opened at 83.15. 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;\">1\u00a0year\u00a0fw<b>d<\/b><\/span><\/span><\/div>\n<div><\/div>\n<div><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><b>premia is at 1.87% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.<\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: arial;\">The focus is on the ECB meeting.<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">-US retail sales climbed 0.6% m\/m, better than expected.<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">-Indian indices are dragged down due to weakness in private bank stocks<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">-HDFC bank leads bank stock meltdown.<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\n<div><b><span style=\"font-family: arial;\">RBI rates<\/span><\/b><\/div>\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:1788406344485843752&amp;th=18d1b2184d223328&amp;view=fimg&amp;fur=ip&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ98FeT21c3d_gxaICGqtAnkoSUJHRKXjV-u-CX5ikHxv-Ixf2fqmv2I1NOFBP3XIN4I-Wz-_uEQh2KxiQ-ZuBOGk6tYcdm0CIwKcSodGCj2qaPJTM8d8tv-pxg&amp;disp=emb\" data-image-whitelisted=\"\" data-bit=\"iit\" \/><br \/>\n<\/span><\/b><\/div>\n<div><\/div>\n<div><\/div>\n<div><b>-USDINR is at 83.15.Prior day&#8217;s close was 83.15.<\/b><\/div>\n<div><\/div>\n<div><b>-Indian Equity indices decline.<\/b><\/div>\n<div><\/div>\n<div><b>-Indian 10-year G-SEC yield is at 7.17%.<\/b><\/div>\n<div><\/div>\n<div><b>-USDINR 1 yr fwd premia is at 1.87%.<\/b><\/div>\n<div><\/div>\n<div><b>USDINR @ 83.15,<\/b><b>\u00a0EUR\/USD@ 1.0892, GBP\/USD @ 1.2681, USD\/JPY @ 148<\/b><b>, EUR\/INR @ 90.57,\u00a0<\/b><\/div>\n<div><b>\u00a0<\/b><\/div>\n<div><b>GBP\/INR @ 105.44,\u00a0<\/b><b>JPY\/INR @ 56.17<\/b><\/div>\n<div><\/div>\n<div><b>Gold@2007, Brent Crude @ 78, Nifty @ 21462(-110), 10 Year G-SEC @ 7.17%.<\/b><\/div>\n<div><\/div>\n<div><b>Hedging: USD INR payables can be hedged at 82.92\/82.85.<\/b><b>\u00a0USD EXPORTS can be hedged at 83.35\/83.40.<\/b><\/div>\n<div><b>\u00a0<\/b><\/div>\n<div><b>Eur receivables can be hedged\u00a0<\/b><b>now<\/b><b>.\u00a0<\/b><b>GBPINR<\/b><b>\u00a0<wbr \/>receivables\u00a0<\/b><b>can be hedged now.<\/b><\/div>\n<div><strong>.<\/strong><br \/>\n<strong>Click to open an Account: https:\/\/gudwil.in\/smart<\/strong><br \/>\n<strong>.<\/strong><br \/>\n<strong>#commoditytrader #commoditybroker #MutualFund #currencytrading #Commodity #Intraday #equity #trading<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FX Rates and USD INR Forward Rate January 18, 2024 Major developments: USD is now at 83.155. USDINR opened at 83.15. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.87% p.a. The focus is on the ECB meeting. \u00a0 -US retail sales climbed 0.6% m\/m, better than expected. \u00a0 -Indian indices are dragged down due to weakness in [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5406,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5405","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-finance","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5405","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=5405"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5405\/revisions"}],"predecessor-version":[{"id":9201,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5405\/revisions\/9201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5406"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}