{"id":6251,"date":"2024-04-05T11:00:48","date_gmt":"2024-04-05T05:30:48","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6251"},"modified":"2024-08-31T11:03:38","modified_gmt":"2024-08-31T05:33:38","slug":"fx-rates-usdinr-forward-rate-april-5-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-april-5-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate April 5, 2024<\/h1>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.43. USDINR opened at 83.43. 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 1.63% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.<\/span><\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-RBI maintains status quo. Repo rate unchanged at 6.5%.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Inflation is expected to average 4.5% and GDP is expected to be 7% in this financial year.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-US employment data is important event for the day.<\/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: 82px;\" width=\"433\">\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>4-Apr-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.45<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>105.6<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>90.49<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>55.02<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<b> <\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR is at 83.43.Prior day&#8217;s close was 83.40.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices decline marginally..<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.12%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.63%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.43,<\/b><b>\u00a0EUR\/USD@ 1.0826, GBP\/USD @ 1.2626, USD\/JPY @ 151.25<\/b><b>, EUR\/INR @ 90.32,\u00a0<\/b><b>GBP\/INR @ 105.32,\u00a0<\/b><b>JPY\/INR @ 55.16. <\/b><b>Gold@2279, Brent Crude @ 91, Nifty @ 22466(-47), 10 Year G-SEC @ 7.12%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR payables be hedged on decline to 83.27.<\/b><b>\u00a0<\/b><\/div>\r\n<div><b>Eur receivables can be hedged\u00a0<\/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><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>\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 April 5, 2024 USD is now at 83.43. USDINR opened at 83.43. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.63% p.a. \u00a0 -RBI maintains status quo. Repo rate unchanged at 6.5%. \u00a0 -Inflation is expected to average 4.5% and GDP is expected to be 7% in this financial year. \u00a0 [&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-6251","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\/6251","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=6251"}],"version-history":[{"count":4,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6251\/revisions"}],"predecessor-version":[{"id":8234,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6251\/revisions\/8234"}],"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=6251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}