{"id":6164,"date":"2024-03-26T12:49:20","date_gmt":"2024-03-26T07:19:20","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6164"},"modified":"2024-08-31T11:17:06","modified_gmt":"2024-08-31T05:47:06","slug":"fx-rates-usdinr-forward-rate-march-26-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-march-26-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate March 26, 2024<\/strong><\/h1>\r\n

Major developments:<\/strong><\/h2>\r\n
USD is now at 83.34. USDINR opened at 83.23. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.57% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-RBI took delivery of USD 5 bn swap, creating USD shortage. Month end USD payments also\u00a0<\/b>weighed down on Rupee. Rupee has retraced to 83.33 from last week close of 83.67.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-US Core PCE index is the key event for the week.<\/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
22-Mar-24<\/strong><\/td>\r\n83.35<\/strong><\/td>\r\n105.25<\/strong><\/td>\r\n90.26<\/strong><\/td>\r\n55.05<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n <\/b><\/div>\r\n
-USDINR is at 83.34.Prior day’s close was 83.67.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices decline.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian 10 year G-SEC yield is at 7.09%.<\/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 @ 83.34,<\/b>\u00a0EUR\/USD@ 1.0846, GBP\/USD @ 1.2645, USD\/JPY @ 151.34<\/b>, EUR\/INR @ 90.37,\u00a0<\/b>GBP\/INR @ 105.38,\u00a0<\/b>JPY\/INR @ 55.07. <\/b>Gold@2173, Brent Crude @ 86, Nifty @ 22038(-55), 10 Year G-SEC @ 7.09%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR receivables can be hedged .<\/b>\u00a0<\/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
\r\n
Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n
For all your investment needs feel free to reach us.<\/strong>\r\n
\r\n
\r\n\r\nGive 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":"

FX Rates and USD INR Forward Rate March 26, 2024 Major developments: USD is now at 83.34. USDINR opened at 83.23. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.57% p.a. \u00a0 -RBI took delivery of USD 5 bn swap, creating USD shortage. Month end USD payments also\u00a0weighed down on Rupee. Rupee has retraced to 83.33 from last […]<\/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-6164","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\/6164","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=6164"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6164\/revisions"}],"predecessor-version":[{"id":8299,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6164\/revisions\/8299"}],"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=6164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}