{"id":7268,"date":"2024-08-14T11:56:11","date_gmt":"2024-08-14T06:26:11","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=7268"},"modified":"2024-08-14T11:56:41","modified_gmt":"2024-08-14T06:26:41","slug":"7268-2","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/7268-2\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"<h2><b>Major developments:<\/b><\/h2>\r\n<div><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">USD is now at 83.91. USDINR opened at 83.90. Fwd\u00a0<\/span><\/span><\/b><b><span style=\"font-family: arial;\"><span style=\"font-size: large;\">premia &#8211;<\/span><\/span><\/b><strong><span style=\"font-family: arial;\"><span style=\"font-size: large;\">\u00a0<\/span><\/span><\/strong><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><strong>1\u00a0year\u00a0fw<\/strong><b>d <\/b><\/span><\/span><span style=\"font-family: arial;\"><span style=\"font-size: large;\"><b>premia is at 2.08% 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;\">-US D weakened after release of weaker than expected PPI data.<\/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 inflation and retail sales are important 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;\">RBI rates<\/span><\/b><\/div>\r\n<div>\r\n<table style=\"height: 62px;\" width=\"452\">\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>13-Aug-24<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>83.97<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>107.53<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>91.82<\/strong><\/td>\r\n<td style=\"text-align: center;\"><strong>56.8<\/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 83.91.Prior day&#8217;s close was 83.97.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-Indian Equity indices trade flat.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Indian 10 year G-SEC yield is at 6.98%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>-USDINR 1 yr fwd premia is at 2.08%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>USDINR @ 83.91,<\/b><b>\u00a0EUR\/USD@ 1.0991, GBP\/USD @ 1.2860, USD\/JPY @ 147<\/b><b>, EUR\/INR @ 92.22, <\/b><b>GBP\/INR @ 107.90,\u00a0<\/b><b>JPY\/INR @ 57.08. <\/b><b>Gold@2461, Brent Crude @ 81, Nifty @ 24142(+3), 10 Year G-SEC @ 6.98%.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div><b>Hedging: <\/b><\/div>\r\n<div><b>USDINR receivables can be hedged at 84.10. <\/b><\/div>\r\n<div><b>Payables can be covered on dips to 83.60.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<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>\r\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Major developments: USD is now at 83.91. USDINR opened at 83.90. Fwd\u00a0premia &#8211;\u00a01\u00a0year\u00a0fwd premia is at 2.08% p.a. \u00a0 -US D weakened after release of weaker than expected PPI data. \u00a0 -US inflation and retail sales are important events for the week. \u00a0 RBI rates Trade Date 1 USD 1 GBP 1 EURO 100 YEN [&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-7268","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\/7268","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=7268"}],"version-history":[{"count":0,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7268\/revisions"}],"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=7268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=7268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=7268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}