{"id":6182,"date":"2024-03-27T12:11:47","date_gmt":"2024-03-27T06:41:47","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6182"},"modified":"2024-08-31T11:12:23","modified_gmt":"2024-08-31T05:42:23","slug":"fx-rates-usdinr-forward-rate-march-27-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-march-27-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate March 27, 2024<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 83.35. USDINR opened at 83.32. 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
-Indian Current account deficit for Oct-Dec quarter was at USD 10.5 bn, 1.2% of GDP vs USD <\/b>16.8 bn during the same period last year.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-Trade deficit stood at USD 71.6 bn in Q3 vs USD 71.3 bn in Q3 of 22-23 FY.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-Net FDI inflows slowed to USD 8.5 bn in Apr-Dec 2023 vs USD 21.6 bn during Apr-Dec 2022.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-FPI inflows stood at USD 12 bn in Oct-Dec vs USD 4.6 bn during the same period last year.<\/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
26-Mar-24<\/strong><\/td>\r\n83.35<\/strong><\/td>\r\n105.45<\/strong><\/td>\r\n90.43<\/strong><\/td>\r\n55.08<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.35.Prior day’s close was 83.31.<\/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 7.09%.<\/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 @ 83.35,<\/b>\u00a0EUR\/USD@ 1.0829, GBP\/USD @ 1.2618, USD\/JPY @ 151.63<\/b>, EUR\/INR @ 90.25,\u00a0<\/b>GBP\/INR @ 105.15,\u00a0<\/b>JPY\/INR @ 54.96. <\/b>Gold@2178, Brent Crude @ 85, Nifty @ 22150(+144), 10 Year G-SEC @ 7.08%.<\/b><\/div>\r\n
\u00a0<\/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 27, 2024 Major developments: USD is now at 83.35. USDINR opened at 83.32. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.57% p.a. \u00a0 -Indian Current account deficit for Oct-Dec quarter was at USD 10.5 bn, 1.2% of GDP vs USD 16.8 bn during the same period last year. \u00a0 […]<\/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-6182","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\/6182","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=6182"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6182\/revisions"}],"predecessor-version":[{"id":8270,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6182\/revisions\/8270"}],"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=6182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}