FX RATES AND USDINR FWDS :
FX Rates and USD INR Forward Rate June 21, 2024
Major developments:
USD is now at 83.60. USDINR opened at 83.60. Fwd premia – 1 year fwd premia is at 1.57% p.a.
RBI rates
Trade Date | 1 USD | 1 GBP | 1 EURO | 100 YEN |
20-Jun-24 | 83.53 | 106.12 | 89.64 | 52.8 |
-USDINR is at 83.60.Prior day’s close was 83.61.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.97%.
-USDINR 1 yr fwd premia is at 1.57%.
USDINR @ 83.60, EUR/USD@ 1.0720, GBP/USD @ 1.2664, USD/JPY @ 158.89, EUR/INR @ 89.61, GBP/INR @ 105.87, JPY/INR @ 52.61. Gold@2363, Brent Crude @ 85.70, Nifty @ 23516(-51), 10 Year G-SEC @ 6.98%.
Hedging: USDINR receivables can be hedged at 83.55+.
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