{"id":6321,"date":"2024-04-16T12:19:36","date_gmt":"2024-04-16T06:49:36","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6321"},"modified":"2024-08-31T11:04:36","modified_gmt":"2024-08-31T05:34:36","slug":"fx-rates-usdinr-forward-rate-april-16-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-april-16-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h1>FX Rates and USD INR Forward Rate April 16, 2024<\/h1>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.48. USDINR opened at 83.51. 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 1.56% 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>-Indian trade deficit declined in March to USD 15.6 bn. For the full year, trade deficit was\u00a0<\/b><b>reported at USD 240 bn.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-US retail sales climbed 0.7% m\/m, stronger than anticipated.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-US rate jitters and Geo political tensions trigger Equity meltdown.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Euro is down on divided opinion over rate cuts.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">RBI rates<\/span><\/b><\/div>\r\n<div>\r\n<table style=\"height: 64px;\" width=\"442\">\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>15-Apr-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.44<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>104.07<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>88.91<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>54.25<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<div style=\"text-align: center;\">\u00a0<\/div>\r\n<div><b>-USDINR is at 83.49.Prior day&#8217;s close was 83.46.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices decline.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.19%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.56%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.49,<\/b><b>\u00a0EUR\/USD@ 1.0609, GBP\/USD @ 1.2421, USD\/JPY @ 154.38<\/b><b>, EUR\/INR @ 88.57,\u00a0<\/b><b>GBP\/INR @ 103.69,\u00a0<\/b><b>JPY\/INR @ 54.08. <\/b><b>Gold@2385, Brent Crude @ 90.50, Nifty @ 22173(-99), 10 Year G-SEC @ 7.19%.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>Hedging: USDINR receivables can be hedged at 83.70.<\/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 16, 2024 USD is now at 83.48. USDINR opened at 83.51. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.56% p.a. \u00a0 -Indian trade deficit declined in March to USD 15.6 bn. For the full year, trade deficit was\u00a0reported at USD 240 bn. \u00a0 -US retail sales climbed 0.7% m\/m, [&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-6321","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\/6321","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=6321"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6321\/revisions"}],"predecessor-version":[{"id":8157,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6321\/revisions\/8157"}],"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=6321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}