{"id":6094,"date":"2024-03-18T10:47:32","date_gmt":"2024-03-18T05:17:32","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6094"},"modified":"2024-08-31T11:49:35","modified_gmt":"2024-08-31T06:19:35","slug":"fx-rates-usdinr-forward-rate-march-18-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-march-18-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate March 18, 2024<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 82.88. USDINR opened at 82.84. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.56% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
–US Fed meeting is the crucial event for the week.<\/span><\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
– India <\/span><\/span><\/b>Trade deficit widened in Feb to USD 18.71 bn from Jan data of USD 17.49 bn. Exports <\/span><\/b>expanded to USD 41.40 bn from USD 36.92 bn in Jan. Imports also rose to USD 60.11 bn from <\/span><\/b>USD 54.41 bn.<\/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-Mar-24<\/strong><\/td>\r\n82.89<\/strong><\/td>\r\n105.58<\/strong><\/td>\r\n90.16<\/strong><\/td>\r\n55.9<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 82.88.Prior day’s close was 82.84.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices decline marginally.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.07%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.57.%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 82.88,<\/b>\u00a0EUR\/USD@ 1.0887, GBP\/USD @ 1.2730, USD\/JPY @ 149.12<\/b>, EUR\/INR @ 90.30,\u00a0<\/b>GBP\/INR @ 105.51,\u00a0<\/b>JPY\/INR @ 55.58. <\/b>Gold@2147, Brent Crude @ 85.65, Nifty @ 22005(-23), 10 Year G-SEC @ 7.08%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR payables can be hedged at 82.60 .<\/b>\u00a0USD EXPORTS can be hedged at 82.90+.<\/b><\/div>\r\n
Eur receivables can be hedged\u00a0<\/b>.\u00a0<\/b>GBPINR<\/b>\u00a0receivables\u00a0<\/b>can be hedged now.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
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FX Rates and USD INR Forward Rate March 18, 2024 Major developments: USD is now at 82.88. USDINR opened at 82.84. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.56% p.a. \u00a0 –US Fed meeting is the crucial event for the week. \u00a0 – India Trade deficit widened in Feb to USD 18.71 bn from Jan data of […]<\/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-6094","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\/6094","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=6094"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6094\/revisions"}],"predecessor-version":[{"id":8391,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6094\/revisions\/8391"}],"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=6094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}