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Foreign Exchange Management Act Announcement
Press Releases
ନଭେମ୍ବର 30, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5265 and the Reference Rate for Euro is `70.8880 on November 30, 2012. The corresponding rates for the previous day (November 29, 2012) were `55.2020 and `71.4700 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 29, 2012 88.3756 67.20 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5265 and the Reference Rate for Euro is `70.8880 on November 30, 2012. The corresponding rates for the previous day (November 29, 2012) were `55.2020 and `71.4700 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 29, 2012 88.3756 67.20 Novem
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ନଭେମ୍ବର 29, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.2020 and the Reference Rate for Euro is `71.4700 on November 29, 2012. The corresponding rates for the previous day (November 27, 2012) were `55.7045 and `72.3500 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 27, 2012 89.3444 67.72 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.2020 and the Reference Rate for Euro is `71.4700 on November 29, 2012. The corresponding rates for the previous day (November 27, 2012) were `55.7045 and `72.3500 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 27, 2012 89.3444 67.72 Novem
ନଭେମ୍ବର 29, 2012
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 November 05, 2012 to November 09, 2012. All Figures are in USD Millions 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 05/11/2012 2,439 1,797 1,367 246 110 93 7,879 5,578 455 3,480 1,500 18 06/11/2012 2,653 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 05, 2012 to November 09, 2012. All Figures are in USD Millions 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 05/11/2012 2,439 1,797 1,367 246 110 93 7,879 5,578 455 3,480 1,500 18 06/11/2012 2,653 1
ନଭେମ୍ବର 27, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.7045 and the Reference Rate for Euro is `72.3500 on November 27, 2012. The corresponding rates for the previous day (November 26, 2012) were `55.6920 and `72.1005 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 26, 2012 89.1963 67.84 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.7045 and the Reference Rate for Euro is `72.3500 on November 27, 2012. The corresponding rates for the previous day (November 26, 2012) were `55.6920 and `72.1005 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 26, 2012 89.1963 67.84 Novem
ନଭେମ୍ବର 26, 2012
Investment by FIIs under PIS : Induslnd Bank Ltd
The Reserve Bank of India today notified that the Induslnd Bank Ltd. has passed resolutions at the board of directors' Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by Foreign Institutional Investors (FIIs) up-to 49% of their paid-up capital through primary/secondary markets in India. The Reserve Bank of India further advise that its approval to the Induslnd Bank Ltd. for raising FII investment limit to 49% is su
The Reserve Bank of India today notified that the Induslnd Bank Ltd. has passed resolutions at the board of directors' Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by Foreign Institutional Investors (FIIs) up-to 49% of their paid-up capital through primary/secondary markets in India. The Reserve Bank of India further advise that its approval to the Induslnd Bank Ltd. for raising FII investment limit to 49% is su
ନଭେମ୍ବର 26, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.6920 and the Reference Rate for Euro is `72.1005 on November 26, 2012. The corresponding rates for the previous day (November 23, 2012) were `55.3445 and `71.3665 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 23, 2012 88.2966 67.24 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.6920 and the Reference Rate for Euro is `72.1005 on November 26, 2012. The corresponding rates for the previous day (November 23, 2012) were `55.3445 and `71.3665 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 23, 2012 88.2966 67.24 Novem
ନଭେମ୍ବର 23, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.3445 and the Reference Rate for Euro is `71.3665 on November 23, 2012. The corresponding rates for the previous day (November 22, 2012) were `55.1575 and `70.8575 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 22, 2012 88.0314 66.89 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.3445 and the Reference Rate for Euro is `71.3665 on November 23, 2012. The corresponding rates for the previous day (November 22, 2012) were `55.1575 and `70.8575 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 22, 2012 88.0314 66.89 Novem
ନଭେମ୍ବର 22, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.1575 and the Reference Rate for Euro is `70.8575 on November 22, 2012. The corresponding rates for the previous day (November 21, 2012) were `55.2025 and `70.4255 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 21, 2012 87.7913 67.39 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.1575 and the Reference Rate for Euro is `70.8575 on November 22, 2012. The corresponding rates for the previous day (November 21, 2012) were `55.2025 and `70.4255 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 21, 2012 87.7913 67.39 Novem
ନଭେମ୍ବର 21, 2012
Dr. Subir Vithal Gokarn re-appointed as RBI Deputy Governor till December 31, 2012
The Government of India today re-appointed Dr. Subir Vithal Gokarn as the Deputy Governor of the Reserve Bank of India for a further period till December 31, 2012 or till a regular appointment is made or until further orders, whichever is earlier. Dr. Subir Vithal Gokarn was appointed as Deputy Governor in November 2009 for a period of three years from the date of his taking charge or until further orders, whichever was earlier. Dr. Subir Vithal Gokarn took charge as
The Government of India today re-appointed Dr. Subir Vithal Gokarn as the Deputy Governor of the Reserve Bank of India for a further period till December 31, 2012 or till a regular appointment is made or until further orders, whichever is earlier. Dr. Subir Vithal Gokarn was appointed as Deputy Governor in November 2009 for a period of three years from the date of his taking charge or until further orders, whichever was earlier. Dr. Subir Vithal Gokarn took charge as
ନଭେମ୍ବର 21, 2012
Investment by FIIs under PIS : M/s Gayatri Projects Limited
The Reserve Bank of India today notified that M/s Gayatri Projects Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its paid up capital. Ajit Prasad Assistant General Manager Press R
The Reserve Bank of India today notified that M/s Gayatri Projects Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its paid up capital. Ajit Prasad Assistant General Manager Press R
ନଭେମ୍ବର 21, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.2025 and the Reference Rate for Euro is `70.4255 on November 21, 2012. The corresponding rates for the previous day (November 20, 2012) were `54.9100 and `70.2380 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 20, 2012 87.3838 67.55 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `55.2025 and the Reference Rate for Euro is `70.4255 on November 21, 2012. The corresponding rates for the previous day (November 20, 2012) were `54.9100 and `70.2380 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 20, 2012 87.3838 67.55 Novem
ନଭେମ୍ବର 20, 2012
Export of Goods and Software - Realisation and Repatriation of Export Proceeds - Liberalisation
It has been decided, in consultation with the Government of India, to further extend till March 31, 2013 w.e.f. October 1, 2012, the relaxation with respect to the period of realization and repatriation to India, of the amount representing the full value of goods or software exported, from six months to twelve months from the date of export, which was valid up to September 30, 2012. The provisions in regard to period of realization and repatriation to India of the ful
It has been decided, in consultation with the Government of India, to further extend till March 31, 2013 w.e.f. October 1, 2012, the relaxation with respect to the period of realization and repatriation to India, of the amount representing the full value of goods or software exported, from six months to twelve months from the date of export, which was valid up to September 30, 2012. The provisions in regard to period of realization and repatriation to India of the ful
ନଭେମ୍ବର 20, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9100 and the Reference Rate for Euro is `70.2380 on November 20, 2012. The corresponding rates for the previous day (November 19, 2012) were `54.9665 and `70.1595 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 19, 2012 87.4957 67.65 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9100 and the Reference Rate for Euro is `70.2380 on November 20, 2012. The corresponding rates for the previous day (November 19, 2012) were `54.9665 and `70.1595 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 19, 2012 87.4957 67.65 Novem
ନଭେମ୍ବର 19, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9665 and the Reference Rate for Euro is `70.1595 on November 19, 2012. The corresponding rates for the previous day (November 16, 2012) were `54.9915 and `70.2230 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 16, 2012 87.2110 67.88 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9665 and the Reference Rate for Euro is `70.1595 on November 19, 2012. The corresponding rates for the previous day (November 16, 2012) were `54.9915 and `70.2230 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 16, 2012 87.2110 67.88 Novem
ନଭେମ୍ବର 16, 2012
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 October 29, 2012 to November 02, 2012. All Figures are in USD Millions 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 29-10-2012 5,022 2,613 1,470 983 879 198 8,582 6,743 1,038 3,865 1,855 752 30-10-2012 3,27
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 29, 2012 to November 02, 2012. All Figures are in USD Millions 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 29-10-2012 5,022 2,613 1,470 983 879 198 8,582 6,743 1,038 3,865 1,855 752 30-10-2012 3,27
ନଭେମ୍ବର 16, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9915 and the Reference Rate for Euro is `70.2230 on November 16, 2012. The corresponding rates for the previous day (November 15, 2012) were `54.9590 and `70.0345 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 15, 2012 87.1045 68.03 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9915 and the Reference Rate for Euro is `70.2230 on November 16, 2012. The corresponding rates for the previous day (November 15, 2012) were `54.9590 and `70.0345 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 15, 2012 87.1045 68.03 Novem
ନଭେମ୍ବର 15, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9590 and the Reference Rate for Euro is `70.0345 on November 15, 2012. The corresponding rates for the previous day (November 12, 2012) were `54.9340 and `69.9335 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 12, 2012 87.3835 69.13 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9590 and the Reference Rate for Euro is `70.0345 on November 15, 2012. The corresponding rates for the previous day (November 12, 2012) were `54.9340 and `69.9335 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 12, 2012 87.3835 69.13 Novem
ନଭେମ୍ବର 12, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9340 and the Reference Rate for Euro is `69.9335 on November 12, 2012. The corresponding rates for the previous day (November 9, 2012) were `54.3400 and `69.4274 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 9 2012 86.9685 68.31 November
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9340 and the Reference Rate for Euro is `69.9335 on November 12, 2012. The corresponding rates for the previous day (November 9, 2012) were `54.3400 and `69.4274 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 9 2012 86.9685 68.31 November
ନଭେମ୍ବର 09, 2012
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 October 22, 2012 to October 26, 2012. All Figures are in USD Millions 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 22-10-2012 3,414 1,918 728 1,088 736 80 7,628 7,432 620 2,823 1,436 49 23-10-2012 3,162 1,7
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 22, 2012 to October 26, 2012. All Figures are in USD Millions 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 22-10-2012 3,414 1,918 728 1,088 736 80 7,628 7,432 620 2,823 1,436 49 23-10-2012 3,162 1,7
ନଭେମ୍ବର 09, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.3400 and the Reference Rate for Euro is `69.4274 on November 9, 2012. The corresponding rates for the previous day (November 8, 2012) were `54.4403 and `69.4755 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 8, 2012 87.0010 68.12 November
The Reserve Bank of India’s Reference Rate for the US dollar is `54.3400 and the Reference Rate for Euro is `69.4274 on November 9, 2012. The corresponding rates for the previous day (November 8, 2012) were `54.4403 and `69.4755 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY November 8, 2012 87.0010 68.12 November
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