{"id":5681,"date":"2024-02-09T12:37:46","date_gmt":"2024-02-09T07:07:46","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5681"},"modified":"2024-08-31T14:12:46","modified_gmt":"2024-08-31T08:42:46","slug":"fx-rates-usdinr-forward-rate-february-9-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-february-9-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1><span style=\"font-weight: 400;\">FX Rates and USD INR Forward Rate February 9, 2024<\/span><\/h1>\r\n<h2><b>Major developments:<\/b><\/h2>\r\n<div>\u00a0<\/div>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83. USDINR opened at 82.97. 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 1.79% 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;\">-No major new flow today.<\/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;\">RBI rates<\/span><\/b><\/div>\r\n<div>\r\n<table style=\"height: 64px;\" width=\"519\">\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>8-Feb-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>82.97<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>104.78<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>89.46<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>55.81<\/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.Prior day&#8217;s close was 82.98.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices decline marginally.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.08%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.79%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83,<\/b><b>\u00a0EUR\/USD@ 1.0771, GBP\/USD @ 1.2616, USD\/JPY @ 149.41<\/b><b>, EUR\/INR @ 89.43,\u00a0<\/b><b>GBP\/INR @ 104.72,\u00a0<\/b><b>JPY\/INR @ 55.55. <\/b><b>Gold@2047, Brent Crude @ 81.40, Nifty @ 21665(-51), 10 Year G-SEC @ 7.08%.<\/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 at 82.92\/82.85 .<\/b><b>\u00a0USD EXPORTS can be hedged at 83.35\/83.40.<\/b><\/div>\r\n<div><b>Eur payables can be hedged at 89.20\/88.50<\/b><b>\u00a0<\/b><b>.\u00a0<\/b><b>GBPINR<\/b><b>\u00a0<wbr \/>receivables\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 February 9, 2024 Major developments: \u00a0 USD is now at 83. USDINR opened at 82.97. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.79% p.a. \u00a0 -No major new flow today. \u00a0 RBI rates Trade Date 1 USD 1 GBP 1 EURO 100 YEN 8-Feb-24 82.97 104.78 89.46 55.81 \u00a0 -USDINR [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5658,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-5681","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\/5681","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=5681"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5681\/revisions"}],"predecessor-version":[{"id":8731,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5681\/revisions\/8731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5658"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}