FX RATES AND USDINR FWDS :
FX Rates and USD INR Forward Rate February 27, 2024
Major developments:
USD is now at 82.89. USDINR opened at 82.89. Fwd premia – 1 year fwd premia is at 1.74% p.a.
RBI rates
| Trade Date | 1 USD | 1 GBP | 1 EURO | 100 YEN |
| 26-Feb-24 | 82.88 | 104.99 | 89.72 | 55.1 |
-USDINR is at 82.89.Prior day’s close was 82.87.
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 7.07%.
-USDINR 1 yr fwd premia is at 1.74.%.
USDINR @ 82.89, EUR/USD@ 1.0853, GBP/USD @ 1.2683, USD/JPY @ 150.45, EUR/INR @ 89.96, GBP/INR @ 105.13, JPY/INR @ 55.09. Gold@2033, Brent Crude @ 81.65, Nifty @ 22117(-4), 10 Year G-SEC @ 7.07%.
Hedging:
USDINR payables can be hedged at 82.85 . USD EXPORTS can be hedged at 83/83.10.
Eur receivables can be hedged at 90.10 . GBPINR receivables can be hedged now.
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