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Foreign Exchange Management Act Announcement
Press Releases
ஜூலை 22, 2008
RBI Reference Rate for US $ and Euro
July 22, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.71 and the Reference Rate for Euro is Rs.68.02 on July 22, 2008. The corresponding rates for the previous day (July 21, 2008) were Rs.42.71 and Rs. 67.73 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 21, 2008 85.1189 40.0
July 22, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.71 and the Reference Rate for Euro is Rs.68.02 on July 22, 2008. The corresponding rates for the previous day (July 21, 2008) were Rs.42.71 and Rs. 67.73 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 21, 2008 85.1189 40.0
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ஜூலை 21, 2008
RBI Reference Rate for US $ and Euro
July 21, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.71 and the Reference Rate for Euro is Rs.67.73 on July 21, 2008. The corresponding rates for the previous day (July 18, 2008) were Rs.42.78 and Rs.67.90 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 18, 2008 85.5194 40.33
July 21, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.71 and the Reference Rate for Euro is Rs.67.73 on July 21, 2008. The corresponding rates for the previous day (July 18, 2008) were Rs.42.78 and Rs.67.90 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 18, 2008 85.5194 40.33
ஜூலை 18, 2008
Report on Forex Reserves as at end March 2008
The Reserve Bank of India has today placed on its website, the tenth half-yearly report on management of foreign exchange reserves with reference to March 31, 2008. It may be recalled that in February 2004, the Reserve Bank had commenced a process of compiling half yearly reports and placing them in the public domain with a lag of about three months for bringing about more transparency and also for enhancing the level of disclosure. The first such report with referenc
The Reserve Bank of India has today placed on its website, the tenth half-yearly report on management of foreign exchange reserves with reference to March 31, 2008. It may be recalled that in February 2004, the Reserve Bank had commenced a process of compiling half yearly reports and placing them in the public domain with a lag of about three months for bringing about more transparency and also for enhancing the level of disclosure. The first such report with referenc
ஜூலை 18, 2008
RBI Reference Rate for US $ and Euro
July 18, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.78 and the Reference Rate for Euro is Rs.67.90 on July 18, 2008. The corresponding rates for the previous day (July 17, 2008) were Rs.42.94 and Rs.68.01 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 17, 2008 85.7855 40.79
July 18, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.78 and the Reference Rate for Euro is Rs.67.90 on July 18, 2008. The corresponding rates for the previous day (July 17, 2008) were Rs.42.94 and Rs.68.01 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 17, 2008 85.7855 40.79
ஜூலை 18, 2008
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 30, 2008 to July 04, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/ INR FCY/ FCY FCY/ INR FCY/ FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 30/06/2008 2,895 1,865 1,303 643 975 980 8,618 9,390 1,493 3,839 2,684 149 01/07/2008 1,341 1,196 429
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 30, 2008 to July 04, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/ INR FCY/ FCY FCY/ INR FCY/ FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 30/06/2008 2,895 1,865 1,303 643 975 980 8,618 9,390 1,493 3,839 2,684 149 01/07/2008 1,341 1,196 429
ஜூலை 17, 2008
RBI Reference Rate for US $ and Euro
July 17, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.94 and the Reference Rate for Euro is Rs.68.01 on July 17, 2008. The corresponding rates for the previous day (July 16, 2008) were Rs.43.17 and Rs.68.68 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 16, 2008 86.4630 41.34
July 17, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.94 and the Reference Rate for Euro is Rs.68.01 on July 17, 2008. The corresponding rates for the previous day (July 16, 2008) were Rs.43.17 and Rs.68.68 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 16, 2008 86.4630 41.34
ஜூலை 16, 2008
RBI Reference Rate for US $ and Euro
July 16, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.17 and the Reference Rate for Euro is Rs.68.68 on July 16, 2008. The corresponding rates for the previous day (July 15, 2008) were Rs.43.17 and Rs.68.78 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 15, 2008 86.2688 40.76
July 16, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.17 and the Reference Rate for Euro is Rs.68.68 on July 16, 2008. The corresponding rates for the previous day (July 15, 2008) were Rs.43.17 and Rs.68.78 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 15, 2008 86.2688 40.76
ஜூலை 15, 2008
RBI Reference Rate for US $ and Euro
July 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.17 and the Reference Rate for Euro is Rs.68.78 on July 15, 2008. The corresponding rates for the previous day (July 14, 2008) were Rs.42.82 and Rs.68.07 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 14, 2008 84.8928 40.22
July 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.17 and the Reference Rate for Euro is Rs.68.78 on July 15, 2008. The corresponding rates for the previous day (July 14, 2008) were Rs.42.82 and Rs.68.07 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 14, 2008 84.8928 40.22
ஜூலை 14, 2008
RBI Reference Rate for US $ and Euro
July 14, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.82 and the Reference Rate for Euro is Rs.68.07 on July 14, 2008. The corresponding rates for the previous day (July 11, 2008) were Rs.42.72 and Rs.67.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 11, 2008 84.4275 39.83
July 14, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.82 and the Reference Rate for Euro is Rs.68.07 on July 14, 2008. The corresponding rates for the previous day (July 11, 2008) were Rs.42.72 and Rs.67.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN July 11, 2008 84.4275 39.83
ஜூலை 11, 2008
Investment by FIIs under PIS
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary market and stock exchanges in India upto the limits of their paid up capital shown against their names, as these companies have passed resolutions at their Board of Directors' level and have passed resolutions in their Extra-Ordinary General
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary market and stock exchanges in India upto the limits of their paid up capital shown against their names, as these companies have passed resolutions at their Board of Directors' level and have passed resolutions in their Extra-Ordinary General
ஜூலை 11, 2008
RBI Reference Rate for US $ and Euro
July 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.72 and the Reference Rate for Euro is Rs.67.38 on July 11, 2008. The corresponding rates for the previous day (July 10, 2008) were Rs.43.16 and Rs..67.95 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 10, 2008 85.5108 40.4
July 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.72 and the Reference Rate for Euro is Rs.67.38 on July 11, 2008. The corresponding rates for the previous day (July 10, 2008) were Rs.43.16 and Rs..67.95 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 10, 2008 85.5108 40.4
ஜூலை 11, 2008
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 23, 2008 to June 27, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/ INR FCY/ FCY FCY/ INR FCY/ FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 23/06/2008 1,871 811 378 674 676 769 4,341 9,806 879 4,506 1,443 95 24/06/2008 1,693 818 363 812 591
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 23, 2008 to June 27, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/ INR FCY/ FCY FCY/ INR FCY/ FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 23/06/2008 1,871 811 378 674 676 769 4,341 9,806 879 4,506 1,443 95 24/06/2008 1,693 818 363 812 591
ஜூலை 10, 2008
RBI Reference Rate for US $ and Euro
July 10, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.16 and the Reference Rate for Euro is Rs.67.95 on July 10, 2008. The corresponding rates for the previous day (July 09, 2008) were Rs.43.13 and Rs..67.77 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 09, 2008 85.0243 40.2
July 10, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.16 and the Reference Rate for Euro is Rs.67.95 on July 10, 2008. The corresponding rates for the previous day (July 09, 2008) were Rs.43.13 and Rs..67.77 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 09, 2008 85.0243 40.2
ஜூலை 09, 2008
RBI Reference Rate for US $ and Euro
July 9, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.13 and the Reference Rate for Euro is Rs.67.77 on July 9, 2008. The corresponding rates for the previous day (July 08, 2008) were Rs.43.37 and Rs..68.08 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 08, 2008 85.5191 40.62
July 9, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.13 and the Reference Rate for Euro is Rs.67.77 on July 9, 2008. The corresponding rates for the previous day (July 08, 2008) were Rs.43.37 and Rs..68.08 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 08, 2008 85.5191 40.62
ஜூலை 08, 2008
RBI Reference Rate for US $ and Euro
July 8, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.37 and the Reference Rate for Euro is Rs.68.08 on July 8, 2008. The corresponding rates for the previous day (July 07, 2008) were Rs.43.12 and Rs..67.41 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 07, 2008 85.0865 40.18
July 8, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.37 and the Reference Rate for Euro is Rs.68.08 on July 8, 2008. The corresponding rates for the previous day (July 07, 2008) were Rs.43.12 and Rs..67.41 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 07, 2008 85.0865 40.18
ஜூலை 07, 2008
RBI Reference Rate for US $ and Euro
July 7, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.12 and the Reference Rate for Euro is Rs.67.41 on July 7, 2008. The corresponding rates for the previous day (July 04, 2008) were Rs.43.21 and Rs..67.92 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 04, 2008 85.7200 40.44
July 7, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.12 and the Reference Rate for Euro is Rs.67.41 on July 7, 2008. The corresponding rates for the previous day (July 04, 2008) were Rs.43.21 and Rs..67.92 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 04, 2008 85.7200 40.44
ஜூலை 04, 2008
RBI Reference Rate for US $ and Euro
July 4, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.21 and the Reference Rate for Euro is Rs.67.92 on July 4, 2008. The corresponding rates for the previous day (July 03, 2008) were Rs.43.30 and Rs.68.72 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 03, 2008 86.1302 40.83 J
July 4, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.21 and the Reference Rate for Euro is Rs.67.92 on July 4, 2008. The corresponding rates for the previous day (July 03, 2008) were Rs.43.30 and Rs.68.72 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 03, 2008 86.1302 40.83 J
ஜூலை 04, 2008
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 16, 2008 to June 20, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/INR FCY/FCY FCY/INR FCY/FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 16/06/2008 1,605 919 260 380 1,302 1,095 3,493 6,503 617 4,890 1,293 163 17/06/2008 1,395 810 327 465 935
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 16, 2008 to June 20, 2008. All Figures are in USD Millions MERCHANT INTER BANK FCY/INR FCY/FCY FCY/INR FCY/FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 16/06/2008 1,605 919 260 380 1,302 1,095 3,493 6,503 617 4,890 1,293 163 17/06/2008 1,395 810 327 465 935
ஜூலை 04, 2008
Investment by FIIs/NRIs/PIOs under PIS :
M/s Shrenuj & Company Limited
M/s Shrenuj & Company Limited
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) /Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) can now purchase equity shares and convertible debentures of M/s. Shrenuj & Company Limited, through primary markets and stock exchanges in India. The purchases can be made up to the total limit of percentages, mentioned below, of the paid up capital of the company, as it has
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) /Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) can now purchase equity shares and convertible debentures of M/s. Shrenuj & Company Limited, through primary markets and stock exchanges in India. The purchases can be made up to the total limit of percentages, mentioned below, of the paid up capital of the company, as it has
ஜூலை 03, 2008
RBI Reference Rate for US $ and Euro
July 3, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.30 and the Reference Rate for Euro is Rs.68.72 on July 3, 2008. The corresponding rates for the previous day (July 02, 2008) were Rs.43.34 and Rs.68.54 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 02, 2008 86.5391 40.86 J
July 3, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.30 and the Reference Rate for Euro is Rs.68.72 on July 3, 2008. The corresponding rates for the previous day (July 02, 2008) were Rs.43.34 and Rs.68.54 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are: Date Currency 1 GBP 100 YEN July 02, 2008 86.5391 40.86 J
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