FX RATES AND USDINR FWDS :
Major developments: USD is now at 83.86. USDINR opened at 83.82. Fwd premia – 1 year fwd premia is at 2.12% p.a. RBI rates Trade Date 1 USD 1 GBP 1 EURO 100 YEN 23-Aug
Major developments: USD is now at 83.86. USDINR opened at 83.82. Fwd premia – 1 year fwd premia is at 2.12% p.a. RBI rates Trade Date 1 USD 1 GBP 1 EURO 100 YEN 23-Aug
Weekly SYNOPSIS: 23/08/2024 Currency Map: Currency Pairs WEEK CLOSE PRIOR WEEK CLOSE % change USD/INR 83.90 83.90 EUR/INR 93.33 92.21 1.21 GBP/INR 110.07 108.15 1.77 JPY/INR 57.
USDINR opened at 83.94 on Friday and the pair traded in the 83.86-83.94 range. Spot USDINR closed at 83.90, loss of 3 ps for USD as against prior close of 83.93. RBI reference rat
Major developments: USD is now at 83.86. USDINR opened at 83.94. Fwd premia – 1 year fwd premia is at 2.08% p.a. -Fed minutes hint at rate cuts in next meeting. -Fe
USDINR opened at 83.93 Y’day and the pair traded in the 83.93-83.95 range. Spot USDINR closed at 83.93, gain of 1 ps for USD as against prior close of 83.92. RBI reference rate
Major developments: USD is now at 83.95. USDINR opened at 83.92. Fwd premia – 1 year fwd premia is at 2.08% p.a. -Fed minutes indicate Sept rate cuts. -USDINR fwds
USDINR opened at 83.94 Y’day and the pair traded in the 83.81-83.94 range. Spot USDINR closed at 83.92, gain of 16 ps for USD as against prior close of 83.76. RBI reference rate
Major developments: USD is now at 83.91. USDINR opened at 83.81. Fwd premia – 1 year fwd premia is at 2.05% p.a. -FOMC minutes and Fed Chairman’s speech are focu
USDINR opened at 83.88 Y’day and the pair traded in the 83.75-83.88 range. Spot USDINR closed at 83.76, loss of 12 ps for USD as against prior close of 83.88. RBI reference rate
Major developments: USD is now at 83.83. USDINR opened at 83.84. Fwd premia – 1 year fwd premia is at 2.05% p.a. -Rupee gains on weak USD index and inflows related to