{"id":6603,"date":"2024-06-03T12:31:25","date_gmt":"2024-06-03T07:01:25","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6603"},"modified":"2024-08-31T11:00:49","modified_gmt":"2024-08-31T05:30:49","slug":"fx-rates-usdinr-forward-rate-june-3-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-june-3-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate June 3, 2024<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 83.07. USDINR opened at 83.09. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.60% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Rupee gained to 83 and Equity markets have rallied 3% on exit polls predicting BJP win.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Indian FY 24 GDP climbed 8.2% and Q4 GDP climbed 7.8%.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US ISM and employment data are crucial events for the week.<\/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
31-May-24<\/strong><\/td>\r\n83.3<\/strong><\/td>\r\n105.92<\/strong><\/td>\r\n90.12<\/strong><\/td>\r\n53.08<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.07.Prior day’s close was 83.42.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices climb steeply.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-Indian 10 year G-SEC yield is at 6.96%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.60%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.07,<\/b>\u00a0EUR\/USD@ 1.0853, GBP\/USD @ 1.2740, USD\/JPY @ 157.44<\/b>, EUR\/INR @ 90.15,\u00a0<\/b>GBP\/INR @ 105.83,\u00a0<\/b>JPY\/INR @ 52.76. <\/b>Gold@2323, Brent Crude @ 81, Nifty @ 23142(+612), 10 Year G-SEC @ 6.96%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging:<\/b><\/div>\r\n
USDINR payables 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
\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>\r\n<\/div>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate June 3, 2024 Major developments: USD is now at 83.07. USDINR opened at 83.09. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.60% p.a. \u00a0 -Rupee gained to 83 and Equity markets have rallied 3% on exit polls predicting BJP win. \u00a0 -Indian FY 24 GDP climbed 8.2% and Q4 GDP […]<\/p>\n","protected":false},"author":6,"featured_media":6465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-6603","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\/6603","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=6603"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6603\/revisions"}],"predecessor-version":[{"id":8221,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6603\/revisions\/8221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/6465"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=6603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}