{"id":5511,"date":"2024-01-29T11:45:22","date_gmt":"2024-01-29T06:15:22","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5511"},"modified":"2024-09-02T10:25:13","modified_gmt":"2024-09-02T04:55:13","slug":"fx-rates-usdinr-forward-rate-january-29-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-january-29-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate January 29, 2024<\/span><\/h1>\n

Major developments:<\/b><\/h2>\n
USD is now at 83.14. USDINR opened at 83.14. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1-year fw<\/strong>d <\/b><\/span><\/span>premia is at 1.87% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\n
\u00a0<\/span><\/b><\/div>\n
-Indian Budget will take center stage this week.<\/span><\/b><\/div>\n
\u00a0<\/span><\/b><\/div>\n
-Focus is on US Fed meeting, ISM(mfrg) and employment data<\/span><\/b><\/div>\n
\u00a0<\/span><\/b><\/div>\n
-EU CPI data is due for release.<\/span><\/b><\/div>\n
\u00a0<\/span><\/b><\/div>\n
RBI rates<\/span><\/b><\/div>\n
\n\n\n\n\n
Trade Date<\/strong><\/td>\n1 USD<\/strong><\/td>\n1 GBP<\/strong><\/td>\n1 EURO<\/strong><\/td>\n100 YEN<\/strong><\/td>\n<\/tr>\n
25-Jan-24<\/strong><\/td>\n83.115<\/strong><\/td>\n105.65<\/strong><\/td>\n90.41<\/strong><\/td>\n56.23<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
-USDINR is at 83.14.Prior day’s close was 83.115.<\/b><\/div>\n
<\/div>\n
-Indian Equity indices climb.<\/b><\/div>\n
<\/div>\n
-Indian 10 year G-SEC yield is at 7.18%.<\/b><\/div>\n
<\/div>\n
-USDINR 1 yr fwd premia is at 1.87%.<\/b><\/div>\n
<\/div>\n
USDINR @ 83.14,<\/b>\u00a0EUR\/USD@ 1.0845, GBP\/USD @ 1.2708, USD\/JPY @ 148.07<\/b>, EUR\/INR @ 90.30,\u00a0<\/b>GBP\/INR @ 105.65,\u00a0<\/b>JPY\/INR @ 56.15. <\/b>Gold@2026, Brent Crude @ 83.45, Nifty @ 21572(+222), 10 Year G-SEC @ 7.18%.<\/b><\/div>\n
\u00a0<\/b><\/div>\n
Hedging: <\/b><\/div>\n
USDINR payables can be hedged at 82.92\/82.85 .<\/b>\u00a0<\/b><\/div>\n
USD EXPORTS can be hedged at 83.35\/83.40.<\/b><\/div>\n
Eur payables can be hedged\u00a0<\/b>now\u00a0<\/b>.\u00a0<\/b><\/div>\n
GBPINR<\/b>\u00a0receivables\u00a0<\/b>can be hedged now.<\/b><\/div>\n
<\/div>\n
\n
Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\n
\n

For all your investment needs feel free to reach us.<\/strong><\/p>\n

Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate January 29, 2024 Major developments: USD is now at 83.14. USDINR opened at 83.14. Fwd\u00a0premia –\u00a01-year fwd premia is at 1.87% p.a. \u00a0 -Indian Budget will take center stage this week. \u00a0 -Focus is on US Fed meeting, ISM(mfrg) and employment data \u00a0 -EU CPI data is due […]<\/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":[36],"tags":[],"class_list":["post-5511","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\/5511","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=5511"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5511\/revisions"}],"predecessor-version":[{"id":9139,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5511\/revisions\/9139"}],"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=5511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}