{"id":5807,"date":"2024-02-16T11:16:26","date_gmt":"2024-02-16T05:46:26","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5807"},"modified":"2024-08-31T13:23:41","modified_gmt":"2024-08-31T07:53:41","slug":"fx-rates-usdinr-forward-rate-february-16-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-february-16-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate February 16, 2024<\/span><\/h1>\r\n

Major developments:<\/b><\/h4>\r\n
USD is now at 83.01. USDINR opened at 83.02. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.76% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Indian PMI(mfrg) rose to 56.5 in Jan. PMI(services) climbed to 61.8 in Jan.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US PPI and housing data are focus events.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/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
15-Feb-24<\/strong><\/td>\r\n83.02<\/strong><\/td>\r\n104.32<\/strong><\/td>\r\n89.06<\/strong><\/td>\r\n55.27<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.01.Prior day’s close was 83.05.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices climb.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.08%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.76.%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.01,<\/b>\u00a0EUR\/USD@ 1.0761, GBP\/USD @ 1.2584, USD\/JPY @ 150.28<\/b>, EUR\/INR @ 89.31,\u00a0<\/b>GBP\/INR @ 104.47,\u00a0<\/b>JPY\/INR @ 55.24. <\/b>Gold@2003, Brent Crude @ 83, Nifty @ 22029(+118), 10 Year G-SEC @ 7.08%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR payables can be hedged at 82.92\/82.85 .<\/b>\u00a0USD EXPORTS can be hedged at 83.18\/83.35.<\/b><\/div>\r\n
Eur payables can be hedged at 88.50<\/b>\u00a0<\/b>.\u00a0<\/b>GBPINR<\/b>\u00a0receivables\u00a0<\/b>can be hedged at 105+.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
\r\n
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For all your investment needs feel free to reach us.<\/strong>\r\n
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FX Rates and USD INR Forward Rate February 16, 2024 Major developments: USD is now at 83.01. USDINR opened at 83.02. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.76% p.a. \u00a0 -Indian PMI(mfrg) rose to 56.5 in Jan. PMI(services) climbed to 61.8 in Jan. \u00a0 -US PPI and housing data are focus events. \u00a0 RBI rates Trade […]<\/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-5807","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\/5807","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=5807"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5807\/revisions"}],"predecessor-version":[{"id":8645,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5807\/revisions\/8645"}],"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=5807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}