{"id":6983,"date":"2024-07-29T12:00:53","date_gmt":"2024-07-29T06:30:53","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=6983"},"modified":"2024-08-31T10:08:01","modified_gmt":"2024-08-31T04:38:01","slug":"fx-rates-usdinr-forward-rate-july-29-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-july-29-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate July 29, 2024<\/h1>\r\n

Major developments:<\/b><\/h2>\r\n
USD is now at 83.73. USDINR opened at 83.70. Fwd\u00a0<\/span><\/span><\/b>premia –<\/span><\/span><\/b>\u00a0<\/span><\/span><\/strong>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 1.84% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-USDINR fwd premia is edging higher. Spot is also under pressure due to month end<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
\u00a0importers demand.<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
-US Fed, BOJ and BOE meetings are crucial events for the week.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-US non farm payrolls is a key data event on Friday.<\/span><\/b><\/div>\r\n
\u00a0<\/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-Jul-24<\/strong><\/td>\r\n83.72<\/strong><\/td>\r\n107.68<\/strong><\/td>\r\n90.86<\/strong><\/td>\r\n54.48<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.73.Prior day’s close was 83.74.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices climb.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-Indian 10 year G-SEC yield is at 7.03%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 1.84%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.73,<\/b>\u00a0EUR\/USD@ 1.0859, GBP\/USD @ 1.2872, USD\/JPY @ 153.37<\/b>, EUR\/INR @ 90.93, <\/b>GBP\/INR @ 107.78,\u00a0<\/b>JPY\/INR @ 54.60. <\/b>Gold@2392, Brent Crude @ 80.75, Nifty @ 24951(+117), 10 Year G-SEC @ 7.03%.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR receivables can be hedged.<\/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
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FX Rates and USD INR Forward Rate July 29, 2024 Major developments: USD is now at 83.73. USDINR opened at 83.70. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 1.84% p.a. \u00a0 -USDINR fwd premia is edging higher. Spot is also under pressure due to month end \u00a0 \u00a0importers demand. \u00a0 -US Fed, BOJ and BOE meetings are […]<\/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-6983","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\/6983","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=6983"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6983\/revisions"}],"predecessor-version":[{"id":8055,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/6983\/revisions\/8055"}],"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=6983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=6983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=6983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}