{"id":7083,"date":"2024-08-08T12:06:30","date_gmt":"2024-08-08T06:36:30","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=7083"},"modified":"2024-08-31T10:32:58","modified_gmt":"2024-08-31T05:02:58","slug":"fx-rates-usdinr-forward-rate-august-08-2024","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-usdinr-forward-rate-august-08-2024\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

FX Rates and USD INR Forward Rate August 08, 2024<\/h1>\r\n
USD is now at 83.95. USDINR opened at 83.85. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fw<\/strong>d <\/b><\/span><\/span>premia is at 2.03% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/div>\r\n
-RBI kept rates steady by 4-2 vote. Repo rates unchanged at 6.5%.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-GDP is expected to be 7.2% and inflation is expected to average 4.5%.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-RBI Governor said that Indian growth is strong and inflation is declining.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-He also added while short term outlook for Global economy is bright, medium term is <\/span><\/b>challenging.<\/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
7-Aug-24<\/strong><\/td>\r\n83.95<\/strong><\/td>\r\n106.65<\/strong><\/td>\r\n91.62<\/strong><\/td>\r\n57.24<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\u00a0<\/div>\r\n
-USDINR is at 83.95.Prior day’s close was 83.95.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
-Indian Equity indices decline.<\/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 2.03%.<\/b><\/div>\r\n
\u00a0<\/div>\r\n
USDINR @ 83.95,<\/b>\u00a0EUR\/USD@ 1.0930, GBP\/USD @ 1.2692, USD\/JPY @ 146.10<\/b>, EUR\/INR @ 91.77, <\/b>GBP\/INR @ 106.56,\u00a0<\/b>JPY\/INR @ 57.47. <\/b>Gold@2393, Brent Crude @ 78.40, Nifty @ 24200(-98), 10 Year G-SEC @ 6.99%.<\/b><\/div>\r\n
\u00a0<\/b><\/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<\/b><\/div>\r\n
Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n
For all your investment needs feel free to reach us.<\/strong>\r\n
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\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>","protected":false},"excerpt":{"rendered":"

FX Rates and USD INR Forward Rate August 08, 2024 USD is now at 83.95. USDINR opened at 83.85. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 2.03% p.a. \u00a0 -RBI kept rates steady by 4-2 vote. Repo rates unchanged at 6.5%. \u00a0 -GDP is expected to be 7.2% and inflation is expected to average 4.5%. \u00a0 -RBI […]<\/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-7083","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\/7083","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=7083"}],"version-history":[{"count":3,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7083\/revisions"}],"predecessor-version":[{"id":8134,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7083\/revisions\/8134"}],"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=7083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=7083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=7083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}