Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for October-December 2014 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2014 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-December 2014 During April-December 2014, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exch

Preliminary data on India’s balance of payments (BoP) for the third quarter (Q3) i.e., October-December of the financial year 2014-15 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q3 2014-15 On a quarter-over-quarter (q-o-q) basis, India’s current account deficit (CAD) narrowed to US$ 8.2 billion (1.6 per cent of GDP) in Q3 of 2014-15 from US$ 10.1 billion (2.0 per cent of GDP) in Q2; on a year-on-year (y-o-y) basis, h

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.6983 on March 10, 2015. The corresponding rate for the previous day (March 09, 2015) was ` 62.6160. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date March 09, 2015 March 10, 2015 1 EUR 67.9634 67.6577 1 GBP 94.3936 94.5490 100 YEN 51.76 51.47 Note : The SDR-Rupee rate

The Reserve Bank of India has today advised that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s Time Technoplast Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its eq

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 16, 2015 to February 20, 2015. All Figures are in USD Million Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 16-02-2015 1,679 729 522 291 411 415 5,512 2,915 1,363 2,490 674 28 18-02-2015 3,684 1,112

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.6160 on March 09, 2015. The corresponding rate for the previous day (March 05, 2015) was ` 62.2015. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date March 05, 2015 March 09, 2015 1 EUR 68.6020 67.9634 1 GBP 94.7142 94.3936 100 YEN 51.89 51.76 Note : The SDR-Rupee rate

The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 34 per cent of the paid up capital of Container Corporation of India Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchas

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.2015 on March 05, 2015. The corresponding rate for the previous day (March 04, 2015) was ` 61.8543. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date March 04, 2015 March 05, 2015 1 EUR 69.0974 68.6020 1 GBP 94.9649 94.7142 100 YEN 51.70 51.89 Note : The SDR-Rupee rate

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8543 on March 04, 2015. The corresponding rate for the previous day (March 03, 2015) was ` 61.8387. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date March 03, 2015 March 04, 2015 1 EUR 69.2470 69.0974 1 GBP 95.1388 94.9649 100 YEN 51.68 51.70 Note : The SDR-Rupee rate

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8387 on March 03, 2015. The corresponding rate for the previous day (March 02, 2015) was ` 61.8248. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date March 02, 2015 March 03, 2015 1 EUR 69.1387 69.2470 1 GBP 95.2658 95.1388 100 YEN 51.62 51.68 Note : The SDR-Rupee rate