{"id":7431,"date":"2024-08-22T13:13:54","date_gmt":"2024-08-22T07:43:54","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/?p=7431"},"modified":"2024-08-22T13:13:54","modified_gmt":"2024-08-22T07:43:54","slug":"fx-rates-and-usdinr-fwds-166","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/fx-rates-and-usdinr-fwds-166\/","title":{"rendered":"FX RATES AND USDINR FWDS :"},"content":{"rendered":"

Major developments:<\/b><\/h2>\r\n
USD is now at 83.95. USDINR opened at 83.92. Fwd\u00a0<\/span><\/span><\/b>premia –\u00a0<\/span><\/span><\/b>1\u00a0year\u00a0fwd <\/span><\/span><\/strong>premia is at 2.08% p.a<\/b><\/span><\/span>.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-Fed minutes indicate Sept rate cuts.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/div>\r\n
-USDINR fwds climb higher.<\/span><\/b><\/div>\r\n
\u00a0<\/span><\/b><\/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
21-Aug-24<\/strong><\/td>\r\n83.91<\/strong><\/td>\r\n109.25<\/strong><\/td>\r\n93.28<\/strong><\/td>\r\n57.51<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n
\r\n-USDINR is at 83.95.Prior day’s close was 83.92.<\/b><\/div>\r\n
<\/div>\r\n
-Indian Equity indices climb.<\/b><\/div>\r\n
\u00a0<\/b><\/div>\r\n
-Indian 10 year G-SEC yield is at 6.96%.<\/b><\/div>\r\n
<\/div>\r\n
-USDINR 1 yr fwd premia is at 2.08%.<\/b><\/div>\r\n
<\/div>\r\n
USDINR @ 83.95,<\/b>\u00a0EUR\/USD@ 1.1145, GBP\/USD @ 1.3087, USD\/JPY @ 145.37<\/b>, EUR\/INR @ 93.55, <\/b>GBP\/INR @ 109.85,\u00a0<\/b>JPY\/INR @ 57.75. <\/b>Gold@2507, Brent Crude @ 76, Nifty @ 24840(+73), 10 Year G-SEC @ 6.96%.<\/b><\/div>\r\n
<\/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 83.70\/83.65.<\/b><\/div>\r\n
<\/div>\r\n
\r\n
Click to open an Account<\/strong>\u00a0:\u00a0https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n
\r\n\r\nFor all your investment needs feel free to reach us.<\/strong>\r\n
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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":"

Major developments: USD is now at 83.95. USDINR opened at 83.92. Fwd\u00a0premia –\u00a01\u00a0year\u00a0fwd premia is at 2.08% p.a. \u00a0 -Fed minutes indicate Sept rate cuts. \u00a0 -USDINR fwds climb higher. \u00a0 RBI rates Trade Date 1 USD 1 GBP 1 EURO 100 YEN 21-Aug-24 83.91 109.25 93.28 57.51 -USDINR is at 83.95.Prior day’s close was […]<\/p>\n","protected":false},"author":6,"featured_media":6465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-7431","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\/7431","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=7431"}],"version-history":[{"count":0,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/7431\/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=7431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=7431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=7431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}