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  • February 27, 2024

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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