FX RATES AND USDINR FWDS :
FX Rates and USD INR Forward Rate May 27, 2024
Major developments:
USD is now at 83.14. USDINR opened at 83.08. Fwd premia – 1 year fwd premia is at 1.64% p.a.
-NY market is closed today.
-US Personal income, spending and Core PCE data are important data releases for the week.
RBI rates
Trade Date |
1 USD |
1 GBP |
1 EURO |
100 YEN |
24-May-24 |
83.12 |
105.5 |
89.89 |
52.92 |
-USDINR is at 83.07.Prior day’s close was 83.12.
-Indian Equity indices climb higher.
-Indian 10 year G-SEC yield is at 6.98%.
-USDINR 1 yr fwd premia is at 1.65%.
USDINR @ 83.07, EUR/USD@ 1.0847, GBP/USD @ 1.2741, USD/JPY @ 156.81, EUR/INR @ 90.09, GBP/INR @ 105.83, JPY/INR @ 52.97. Gold@2343, Brent Crude @ 82, Nifty @ 23056(+100), 10 Year G-SEC @ 6.98%.
Hedging:
USDINR receivables can be hedged at 83.28/83.40.
For all your investment needs feel free to reach us.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999