• By Goodwill
  • 8 Comments
  • April 25, 2024

FX RATES AND USDINR FWDS :

Major developments:

USD is now at 83.37. USDINR opened at 83.34. Fwd premia – 1 year fwd premia is at 1.63% p.a.
 
RBI rates
Trade Date 1 USD 1 GBP 1 EURO 100 YEN
24-Apr-24 83.3 103.68 89.11 53.77
 
-USDINR is at 83.37.Prior day’s close was 83.31.
 
-Indian Equity indices climb.
 
-Indian 10 year G-SEC yield is at 7.20%.
 
-USDINR 1 yr fwd premia is at 1.63%.
 
USDINR @ 83.37, EUR/USD@ 1.0720, GBP/USD @ 1.2488, USD/JPY @ 155.65, EUR/INR @ 89.38, GBP/INR @ 104.10, JPY/INR @ 53.56. Gold@2320, Brent Crude @ 88.20, Nifty @ 22412(+10), 10 Year G-SEC @ 7.20%.
 
Hedging:
USDINR receivables can be hedged at 83.70.
 
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Comments

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