FX RATES AND USDINR FWDS :
FX Rates and USD INR Forward Rate May 21, 2024
Major developments:
USD is now at 83.33. USDINR opened at 83.31. Fwd premia – 1 year fwd premia is at 1.70% p.a.
RBI rates
Trade Date | 1 USD | 1 GBP | 1 EURO | 100 YEN |
17-May-24 | 83.48 | 105.72 | 90.68 | 53.63 |
-USDINR is at 83.33.Prior day’s close was 83.37.
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 7.09%.
-USDINR 1 yr fwd premia is at 1.70%.
USDINR @ 83.33, EUR/USD@ 1.0860, GBP/USD @ 1.2713, USD/JPY @ 156.35, EUR/INR @ 90.51, GBP/INR @ 105.94, JPY/INR @ 53.30. Gold@2415, Brent Crude @ 83, Nifty @ 22502(+0), 10 Year G-SEC @ 7.08%.
Hedging :
USDINR receivables can be hedged at 83.70.
Click to open an Account : https://ekyc.gwcindia.in/client/
For all your investment needs feel free to reach us.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999