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Foreign Exchange Management Act Announcement
Press Releases
மே 27, 2008
RBI Reference Rate for US $ and Euro
May 27, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.89 and the Reference Rate for Euro is Rs.67.61 on May 27, 2008. The corresponding rates for the previous day (May 26, 2008) were Rs.42.56 and Rs.67.08 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 May 26, 2008 84.3220 41.22 May
May 27, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.89 and the Reference Rate for Euro is Rs.67.61 on May 27, 2008. The corresponding rates for the previous day (May 26, 2008) were Rs.42.56 and Rs.67.08 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 May 26, 2008 84.3220 41.22 May
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மே 26, 2008
RBI Reference Rate for US $ and Euro
May 26, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.56 and the Reference Rate for Euro is Rs.67.08 on May 26, 2008. The corresponding rates for the previous day (May 23, 2008) were Rs.42.84 and Rs.67.32 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 May 23, 2008 84.7889 41.13 May
May 26, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.56 and the Reference Rate for Euro is Rs.67.08 on May 26, 2008. The corresponding rates for the previous day (May 23, 2008) were Rs.42.84 and Rs.67.32 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 May 23, 2008 84.7889 41.13 May
மே 23, 2008
RBI Reference Rate for US $ and Euro
May 23, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.84 and the Reference Rate for Euro is Rs.67.32 on May 23, 2008. The corresponding rates for the previous day (May 22, 2008) were Rs.43.15 and Rs.68.10 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 May 22, 2008 85.0875 41.82 May
May 23, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.84 and the Reference Rate for Euro is Rs.67.32 on May 23, 2008. The corresponding rates for the previous day (May 22, 2008) were Rs.43.15 and Rs.68.10 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 May 22, 2008 85.0875 41.82 May
மே 23, 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 May 5, 2008 to May 9, 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 05/05/2008 2,103 780 411 552 1,232 1,086 4,282 5,669 653 3,864 1,446 449 06/05/2008 1,917 1,095 422 660 7
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 5, 2008 to May 9, 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 05/05/2008 2,103 780 411 552 1,232 1,086 4,282 5,669 653 3,864 1,446 449 06/05/2008 1,917 1,095 422 660 7
மே 22, 2008
RBI Reference Rate for US $ and Euro
May 22, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.15 and the Reference Rate for Euro is Rs.68.10 on May 22, 2008. The corresponding rates for the previous day (May 21, 2008) were Rs. 42.72 and Rs.66.90 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 May 21, 2008 83.9683 41.36 Ma
May 22, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.15 and the Reference Rate for Euro is Rs.68.10 on May 22, 2008. The corresponding rates for the previous day (May 21, 2008) were Rs. 42.72 and Rs.66.90 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 May 21, 2008 83.9683 41.36 Ma
மே 21, 2008
RBI Reference Rate for US $ and Euro
May 21, 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.66.90 on May 21, 2008. The corresponding rates for the previous day (May 20, 2008) were Rs. 42.67 and Rs.66.39 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 May 20, 2008 83.4156 41.05 Ma
May 21, 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.66.90 on May 21, 2008. The corresponding rates for the previous day (May 20, 2008) were Rs. 42.67 and Rs.66.39 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 May 20, 2008 83.4156 41.05 Ma
மே 20, 2008
RBI Reference Rate for US $ and Euro
May 20, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.67 and the Reference Rate for Euro is Rs.66.39 on May 20, 2008. The corresponding rates for the previous day (May 16, 2008) were Rs. 42.64 and Rs.66.00 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 May 16, 2008 83.0030 40.74 Ma
May 20, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.67 and the Reference Rate for Euro is Rs.66.39 on May 20, 2008. The corresponding rates for the previous day (May 16, 2008) were Rs. 42.64 and Rs.66.00 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 May 16, 2008 83.0030 40.74 Ma
மே 16, 2008
RBI Reference Rate for US $ and Euro
May 16, 2008The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.64 and the Reference Rate for Euro is Rs.66.00 on May 16, 2008. The corresponding rates for the previous day (May 15, 2008) were Rs. 42.40 and Rs.65.84 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 May 15, 2008 82.5761 40.51 May
May 16, 2008The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.64 and the Reference Rate for Euro is Rs.66.00 on May 16, 2008. The corresponding rates for the previous day (May 15, 2008) were Rs. 42.40 and Rs.65.84 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 May 15, 2008 82.5761 40.51 May
மே 16, 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 April 28, 2008 to May 2, 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 28/04/2008 3,088 1,248 1,398 808 1,297 1,210 3,901 5,682 532 4,281 2,613 479 29/04/2008 2,274 1,816 76
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period April 28, 2008 to May 2, 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 28/04/2008 3,088 1,248 1,398 808 1,297 1,210 3,901 5,682 532 4,281 2,613 479 29/04/2008 2,274 1,816 76
மே 15, 2008
Nepalese Citizens can now send money home easily through banks
Nepalese citizens working in India can now remit funds to their families in Nepal using the National Electronic Funds Transfer (NEFT) system. More than 44,000 branches of banks, which are participating in the NEFT system in India, can offer this remittance facility. Nepalese citizens, staying in India can avail of this service as either as a walk-in customer or as an account holder and can initiate the remittance to a beneficiary in Nepal upto Rs.50,000. The scheme en
Nepalese citizens working in India can now remit funds to their families in Nepal using the National Electronic Funds Transfer (NEFT) system. More than 44,000 branches of banks, which are participating in the NEFT system in India, can offer this remittance facility. Nepalese citizens, staying in India can avail of this service as either as a walk-in customer or as an account holder and can initiate the remittance to a beneficiary in Nepal upto Rs.50,000. The scheme en
மே 15, 2008
RBI Reference Rate for US $ and Euro
May 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.40 and the Reference Rate for Euro is Rs.65.84 on May 15, 2008. The corresponding rates for the previous day (May 14, 2008) were Rs.42.33 and Rs.65.46 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 May 14, 2008 82.3170 40.36 May
May 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.40 and the Reference Rate for Euro is Rs.65.84 on May 15, 2008. The corresponding rates for the previous day (May 14, 2008) were Rs.42.33 and Rs.65.46 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 May 14, 2008 82.3170 40.36 May
மே 14, 2008
RBI Reference Rate for US $ and Euro
May 14, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.33 and the Reference Rate for Euro is Rs.65.46 on May 14, 2008. The corresponding rates for the previous day (May 13, 2008) were Rs.42.16 and Rs.65.54 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 May 13, 2008 82.2879 40.65 May
May 14, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.33 and the Reference Rate for Euro is Rs.65.46 on May 14, 2008. The corresponding rates for the previous day (May 13, 2008) were Rs.42.16 and Rs.65.54 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 May 13, 2008 82.2879 40.65 May
மே 13, 2008
RBI Reference Rate for US $ and Euro
May 13, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.16 and the Reference Rate for Euro is Rs.65.54 on May 13, 2008. The corresponding rates for the previous day (May 12, 2008) were Rs.41.68 and Rs.64.13 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 May 12, 2008 81.2302 40.30 May
May 13, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.16 and the Reference Rate for Euro is Rs.65.54 on May 13, 2008. The corresponding rates for the previous day (May 12, 2008) were Rs.41.68 and Rs.64.13 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 May 12, 2008 81.2302 40.30 May
மே 12, 2008
RBI Reference Rate for US $ and Euro
May 12, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.68 and the Reference Rate for Euro is Rs.64.13 on May 12, 2008. The corresponding rates for the previous day (May 9, 2008) were Rs.41.38 and Rs.63.89 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 May 9, 2008 80.7634 40.07 May 1
May 12, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.68 and the Reference Rate for Euro is Rs.64.13 on May 12, 2008. The corresponding rates for the previous day (May 9, 2008) were Rs.41.38 and Rs.63.89 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 May 9, 2008 80.7634 40.07 May 1
மே 12, 2008
Investment by FIIs under PIS - Mcleod Russel India Limited
The Reserve Bank of India has today notified that no further purchases of equity shares of the Mcleod Russel India Limited should be made on behalf of Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) through primary/secondary markets in India without obtaining the prior permission of the Reserve Bank. The Reserve Bank has stated that FII investments of this company has reached the 22 per cent of its paid up capital. Ajit Prasad Manager Pr
The Reserve Bank of India has today notified that no further purchases of equity shares of the Mcleod Russel India Limited should be made on behalf of Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) through primary/secondary markets in India without obtaining the prior permission of the Reserve Bank. The Reserve Bank has stated that FII investments of this company has reached the 22 per cent of its paid up capital. Ajit Prasad Manager Pr
மே 09, 2008
RBI Reference Rate for US $ and Euro
May 09, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.38 and the Reference Rate for Euro is Rs.63.89 on May 9, 2008. The corresponding rates for the previous day (May 8, 2008) were Rs.41.79 and Rs.64.01 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 May 8, 2008 81.6033 40.00 May 9,
May 09, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.38 and the Reference Rate for Euro is Rs.63.89 on May 9, 2008. The corresponding rates for the previous day (May 8, 2008) were Rs.41.79 and Rs.64.01 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 May 8, 2008 81.6033 40.00 May 9,
மே 09, 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 April 21, 2008 to April 25, 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 21/04/20082,82213177851454140215585,0766,17712286,6672,154147 22/04/20082,6017854011356120414393,5625,0
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period April 21, 2008 to April 25, 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 21/04/20082,82213177851454140215585,0766,17712286,6672,154147 22/04/20082,6017854011356120414393,5625,0
மே 08, 2008
RBI Reference Rate for US $ and Euro
May 08, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.79 and the Reference Rate for Euro is Rs.64.01 on May 8, 2008. The corresponding rates for the previous day (May 7, 2008) were Rs.41.20 and Rs.63.76 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 May 7, 2008 81.0116 39.21 May 8,
May 08, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.79 and the Reference Rate for Euro is Rs.64.01 on May 8, 2008. The corresponding rates for the previous day (May 7, 2008) were Rs.41.20 and Rs.63.76 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 May 7, 2008 81.0116 39.21 May 8,
மே 07, 2008
RBI Reference Rate for US $ and Euro
May 07, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.20 and the Reference Rate for Euro is Rs.63.76 on May 7, 2008. The corresponding rates for the previous day (May 6, 2008) were Rs.40.69 and Rs.63.08 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 May 6, 2008 80.2570 38.77 May 7,
May 07, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.20 and the Reference Rate for Euro is Rs.63.76 on May 7, 2008. The corresponding rates for the previous day (May 6, 2008) were Rs.40.69 and Rs.63.08 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 May 6, 2008 80.2570 38.77 May 7,
மே 07, 2008
Investment by NRIs/PIOs under PIS :
Kakatiya Cement Sugar & Industries Limited
Kakatiya Cement Sugar & Industries Limited
The Reserve Bank India has notified on May 7, 2008 that no further purchases of equity shares of Kakatiya Cement Sugar & Industries Limited</a>, should be made through stock exchanges in India on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS). The Reserve Bank of India has stated that the aggregate share holding of Non-Reisdent Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Invest
The Reserve Bank India has notified on May 7, 2008 that no further purchases of equity shares of Kakatiya Cement Sugar & Industries Limited</a>, should be made through stock exchanges in India on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS). The Reserve Bank of India has stated that the aggregate share holding of Non-Reisdent Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Invest
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