FX RATES AND USDINR FWDS :
Major developments:
USD is now at 83.25. USDINR opened at 83.22. Fwd premia – 1 year fwd premia is at 1.61% p.a.
-Indian Equity indices decline.
-Focus is on ECB and Fed Chief’s speeches.
RBI rates
| Trade Date | 1 USD | 1 GBP | 1 EUR | 100 YEN |
| 6-Nov-23 | 83.22 | 103.05 | 89.36 | 55.65 |
-USDINR is at 83.22.Prior day’s close was 83.20.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.31%.
-USDINR 1 yr fwd premia is at 1.61%.
USDINR @ 83.25, EUR/USD@ 1.0707, GBP/USD @ 1.2329, USD/JPY @ 150.23, EUR/INR @ 89.12, GBP/INR @ 103.03, JPY/INR @ 55.41. Gold@1972, Brent Crude @ 84.70, Nifty @ 19354(-57), 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 89.70/90.10. GBPINR
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, 2023I appreciate you sharing this blog post. Thanks Again. Cool.