{"id":7009,"date":"2024-07-31T12:45:43","date_gmt":"2024-07-31T07:15:43","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=7009"},"modified":"2024-08-31T10:56:19","modified_gmt":"2024-08-31T05:26:19","slug":"fx-rates-usdinr-forward-rate-july-31-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-july-31-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<div>\r\n<h1>FX Rates and USD INR Forward Rate July 31, 2024<\/h1>\r\n<h2><b>Major developments:<\/b><\/h2>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.73. USDINR opened at 83.72. Fwd\u00a0<\/span><\/span><\/b><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">premia &#8211;<\/span><\/span><\/b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">\u00a0<\/span><\/span><span style=\"font-family: arial;\"><span style=\"font-size: large;\">1\u00a0year\u00a0fw<b>d <\/b><\/span><\/span><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><b>premia is at 1.84% p.a<\/b><\/span><\/span><b><span style=\"font-family: arial;\">.<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">-Bank of Japan hiked rates by 25 bps.<\/span><\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b><span style=\"font-family: arial;\">-US Fed and BOE meetings are crucial events for the week.<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">\u00a0<\/span><\/b><\/div>\r\n<div><b><span style=\"font-family: arial;\">-US non farm payrolls is a key data event on Friday.<\/span><\/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: 66px;\" width=\"396\">\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=\"65\"><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>30-Jul-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.73<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>107.59<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>90.6<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>54.06<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR is at 83.74.Prior day&#8217;s close was 83.72.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices climb.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 7.04%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 1.84%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.74,<\/b><b>\u00a0EUR\/USD@ 1.0819, GBP\/USD @ 1.2837, USD\/JPY @ 152.63<\/b><b>, EUR\/INR @ 90.60, <\/b><b>GBP\/INR @ 107.50,\u00a0<\/b><b>JPY\/INR @ 54.85. <\/b><b>Gold@2420, Brent Crude @ 79.60, Nifty @ 24935(+75), 10 Year G-SEC @ 7.04%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR receivables can be hedged.<\/b><\/div>\r\n<\/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><\/div>\r\n<div><strong>For all your investment needs feel free to reach us.<\/strong>\r\n<div>\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 July 31, 2024 Major developments: USD is now at 83.73. USDINR opened at 83.72. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 1.84% p.a. \u00a0 -Bank of Japan hiked rates by 25 bps. \u00a0 -US Fed and BOE meetings are crucial events for the week. \u00a0 -US non farm payrolls is [&hellip;]<\/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-7009","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\/7009","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=7009"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7009\/revisions"}],"predecessor-version":[{"id":8207,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7009\/revisions\/8207"}],"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=7009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=7009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=7009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}