FX RATES AND USDINR FWDS :
Major developments:
USD is now at 83.25. USDINR opened at 83.21. Fwd premia – 1 year fwd premia is at 1.61% p.a.
-BOE kept rates steady.
-US ISM (non mfrg) and employment data are important data releases for the day.
-Global risk sentiment improved as Fed indicated possibility of rate hiking cycle.
-US tech company results have also supported US and Global markets.
-USDINR pair range has been compressed by RBI selling at higher levels.
-Domestic liquidity has improved due to Govt spending and G-SEC redemptions.
-Indian Equity indices have opened gap up, taking cues from Overseas markets.
RBI rates
| Trade Date | 1 USD | 1 GBP | 1 EUR | 100 YEN |
| 2-Nov-23 | 83.26 | 101.4 | 88.24 | 55.36 |
-USDINR is at 83.25.Prior day’s close was 83.36.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.31%.
-USDINR 1 yr fwd premia is at 1.61%.
USDINR @ 83.25, EUR/USD@ 1.0627, GBP/USD @ 1.2201, USD/JPY @ 150.28, EUR/INR @ 88.47, GBP/INR @ 101.57, JPY/INR @ 55.40. Gold@1986, Brent Crude @ 87, Nifty @ 19257(+125), 10 Year G-SEC @ 7.31%.
Hedging:
USDINR payables can be hedged on dipes to 83.10 . Eur receivables can be hedged now and on rally 88.70.
GBPINR receivables can be hedged closer to 102.40/103.50.
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
equidia live stream free
November 24, 2023naturally like your web site however you need to take a look at the spelling on several of your posts.
Listen live radio stations for free in 207 countries
November 24, 2023A number of them are rife with spelling problems and I find it very bothersome to tell the truth on the other hand I will surely come again again.
How to Listen to SiriusXM Radio Online
November 27, 2023Pretty! This has been a really wonderful post. Many thanks for providing these details.
Gaza and its Resistance to Israel’s Brutal Attacks
November 29, 2023I very delighted to find this internet site on bing just what I was searching for as well saved to fav