FX RATES AND USDINR FWDS :
Major developments:
USD is now at 83.14. USDINR opened at 83.21. Fwd premia – 1 year fwd premia is at 1.80% p.a.
-Rupee weakness is contained by RBI’S sporadic intervention.
-USD Index climbed as US 10 Year yield spiked to 4.61%.
-Brent Crude climbed to USD 95 on shrinking US inventories.
-US GDP and Core PCE index are important events for this week.
USDINR View: RBI’S intervention keeps Rupee away from significant decline. On the downside, USDINR may have strong support at 82.80/82.65. Rupee’s Monthly range (hi/lo) is the lowest in last 15 months. It shows how volatility is being controlled by RBI. Implied volatility is below 3% p.a. now. It used to average 5% and spike to 8% during Rupee weakness.
RBI rates
| Trade Date | 1 USD | 1 GBP | 1 EUR | 100 YEN |
| 27-Sep-23 | 83.22 | 101.11 | 87.92 | 55.81 |
-USDINR is at 83.14.Prior day’s close was 83.23.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.21%.
-USDINR 1 yr fwd premia is at 1.80%.
USDINR @ 83.14, EUR/USD@ 1.0508, GBP/USD @ 1.2144, USD/JPY @ 149.28, EUR/INR @ 87.36, GBP/INR @ 100.96, JPY/INR @ 55.70.
Gold@1875, Brent Crude @ 94.85., Nifty @ 19705(-11), 10 Year G-SEC @ 7.21%.
Hedging: USDINR payables can be hedged at 82.90/82.65. Eur receivables can be hedged on rally to 88/88.70. GBPINR receivables can be hedged closer to 102.65/103.75.
Click to open an Account : https://ekyc.gwcindia.in/client/
For all your investment needs feel free to reach us.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999
Gaza and its Resistance to Israel’s Brutal Attacks
November 29, 2023Awesome! Its genuinely remarkable post I have got much clear idea regarding from this post
dubai racing 3 live
January 10, 2024I very delighted to find this internet site on bing just what I was searching for as well saved to fav . dubai tv online
Live TV
February 3, 2024Excellent article! We will be linking to this particularly great article on our website.<a href="https://www.google.mw/url?sa=t
equidia fr live
February 9, 2024I do not even understand how I ended up here but I assumed this publish used to be great .-sat 1 2ix13
crazy hot deals
February 22, 2024You’re so awesome! I don’t believe I have read a single thing like that before.Baby Bath Brush Cradle Cap Silicone Massage Scrubbers Exfoliator | The SkinSoother Baby Essential for Dry Skin Eczema (Small-4PCS) – Hot Deals
kids hey dude shoes
February 28, 2024o great to find someone with some original thoughts on this topic. – hey dudes mens
non slip shoes for work
April 14, 2024I appreciate you sharing this blog.Really looking forward to read more.
LarryDow
April 21, 2024PBN sites
We’ll build a structure of PBN sites!
Benefits of our PBN network:
WE DO everything SO THAT google DOES NOT understand that this A PBN network!!!
1- We acquire web domains from separate registrars
2- The leading site is hosted on a virtual private server (VPS is fast hosting)
3- Additional sites are on different hostings
4- We allocate a distinct Google account to each site with verification in Google Search Console.
5- We make websites on WP, we do not utilise plugins with assisted by which malware penetrate and through which pages on your websites are created.
6- We don’t reproduce templates and use only unique text and pictures
We don’t work with website design; the client, if wished, can then edit the websites to suit his wishes