{"id":7068,"date":"2024-08-07T11:13:59","date_gmt":"2024-08-07T05:43:59","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=7068"},"modified":"2024-08-31T10:49:44","modified_gmt":"2024-08-31T05:19:44","slug":"fx-rates-usdinr-forward-rate-august-07-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-august-07-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate August 07, 2024<\/h1>\r\n
USD is now at 83.93. USDINR opened at 83.86. Fwd\u00a0<\/span><\/span><\/b>premia –<\/span><\/span><\/b>\u00a0<\/span><\/span><\/strong>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 2% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
-BOJ Dy Governor said that the bank will not raise rates if markets are unstable.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Global Equity markets are bouncing back on bargain buying.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-RBI meeting is underway and rate decision will be known tomorrow.<\/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
6-Aug-24<\/strong><\/td>\r\n83.91<\/strong><\/td>\r\n107.1<\/strong><\/td>\r\n91.83<\/strong><\/td>\r\n57.52<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.93.Prior day’s close was 83.92.<\/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 6.99%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-USDINR 1 yr fwd premia is at 2%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.93,<\/b>\u00a0EUR\/USD@ 1.0911, GBP\/USD @ 1.2706, USD\/JPY @ 147.49<\/b>, EUR\/INR @ 91.57, <\/b>GBP\/INR @ 106.65,\u00a0<\/b>JPY\/INR @ 56.89. <\/b>Gold@2395, Brent Crude @ 77, Nifty @ 24300(+302), 10 Year G-SEC @ 6.99%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
Hedging: <\/b><\/div>\r\n
USDINR receivables can be hedged at 84.10. <\/b><\/div>\r\n
Payables can be covered on dips to 83.60.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
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FX Rates and USD INR Forward Rate August 07, 2024 USD is now at 83.93. USDINR opened at 83.86. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 2% p.a. \u00a0 -BOJ Dy Governor said that the bank will not raise rates if markets are unstable. \u00a0 -Global Equity markets are bouncing back on bargain buying. \u00a0 -RBI meeting […]<\/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-7068","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\/7068","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=7068"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7068\/revisions"}],"predecessor-version":[{"id":8183,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7068\/revisions\/8183"}],"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=7068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=7068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=7068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}