{"id":6041,"date":"2024-03-12T10:54:40","date_gmt":"2024-03-12T05:24:40","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6041"},"modified":"2024-08-31T12:10:21","modified_gmt":"2024-08-31T06:40:21","slug":"fx-rates-usdinr-forward-rate-march-12-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-march-12-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1><br \/>FX Rates and USD INR Forward Rate March 12, 2024<\/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 82.76. USDINR opened at 82.75. 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 1.70% 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;\">-Indian IIP, CPI are important domestic releases.<\/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;\">-US CPI and retail sales are important Global data events for the week.<\/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: 45px;\" width=\"528\">\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>11-Mar-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>82.68<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>90.44<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>106.24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>56.25<\/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 82.76.Prior day&#8217;s close was 82.76.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices climb.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.01%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.70.%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 82.76,<\/b><b>\u00a0EUR\/USD@ 1.0938, GBP\/USD @ 1.2820, USD\/JPY @ 147.36<\/b><b>, EUR\/INR @ 90.52,\u00a0<\/b><b>GBP\/INR @ 106.08,\u00a0<\/b><b>JPY\/INR @ 56.16. <\/b><b>Gold@2179, Brent Crude @ 82.45, Nifty @ 22445(+112), 10 Year G-SEC @ 7.01%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR payables can be hedged at 82.60 .<\/b><b>\u00a0USD EXPORTS can be hedged at 82.85\/82.95.<\/b><\/div>\r\n<div><b>Eur receivables can be hedged <\/b><b>.\u00a0<\/b><b>GBPINR<\/b><b>\u00a0receivables\u00a0<\/b><b>ca<wbr \/>n 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 March 12, 2024 Major developments: \u00a0 USD is now at 82.76. USDINR opened at 82.75. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.70% p.a. \u00a0 -Indian IIP, CPI are important domestic releases. \u00a0 -US CPI and retail sales are important Global data events for the week. \u00a0 RBI rates Trade [&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-6041","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\/6041","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=6041"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6041\/revisions"}],"predecessor-version":[{"id":8458,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6041\/revisions\/8458"}],"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=6041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}