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Foreign Exchange Management Act Announcement
Press Releases
ଜାନୁଆରୀ 25, 2010
Investment by FIIs/NRIs/PIOs under PIS : M/s. Uttam Galva Steels Ltd.
The Reserve Bank of India has today notified that the aggregate share holdings in M/s. Uttam Galva Steels Ltd. by Foreign Institutional Investors (FIIs)/Non resident Indians (NRIs)/Persons of Indian Origins (PIOs) under Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI policy. Therefore, the restrictions placed on the purchase of shares of M/s. Uttam Galva Steels Ltd. have been withdrawn with immediate eff
The Reserve Bank of India has today notified that the aggregate share holdings in M/s. Uttam Galva Steels Ltd. by Foreign Institutional Investors (FIIs)/Non resident Indians (NRIs)/Persons of Indian Origins (PIOs) under Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI policy. Therefore, the restrictions placed on the purchase of shares of M/s. Uttam Galva Steels Ltd. have been withdrawn with immediate eff
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ଜାନୁଆରୀ 25, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.18 and the Reference Rate for Euro is Rs.65.41 on January 25, 2010. The corresponding rates for the previous day (January 22, 2010) were Rs.46.17 and Rs.65.27 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 January 22, 2010 74.9524 51.24 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.18 and the Reference Rate for Euro is Rs.65.41 on January 25, 2010. The corresponding rates for the previous day (January 22, 2010) were Rs.46.17 and Rs.65.27 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 January 22, 2010 74.9524 51.24 Janu
ଜାନୁଆରୀ 22, 2010
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 January 04, 2010 to January 08, 2010. All Figures are in USD Millions MERCHANT INTER BANK Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot Swap Forward Spot FCY/FCY Swap Forward Purchase 04/01/2010 1,694 1,573 442 129 361 361 7,062 6,437 447 3,002 1,853 120 05/01/2010 1,825 1,055 405 149 538 417 5,988
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 04, 2010 to January 08, 2010. All Figures are in USD Millions MERCHANT INTER BANK Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot Swap Forward Spot FCY/FCY Swap Forward Purchase 04/01/2010 1,694 1,573 442 129 361 361 7,062 6,437 447 3,002 1,853 120 05/01/2010 1,825 1,055 405 149 538 417 5,988
ଜାନୁଆରୀ 22, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.17 and the Reference Rate for Euro is Rs.65.27 on January 22, 2010. The corresponding rates for the previous day (January 21, 2010) were Rs.45.97 and Rs.64.80 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 January 21, 2010 74.8001 50.20 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.17 and the Reference Rate for Euro is Rs.65.27 on January 22, 2010. The corresponding rates for the previous day (January 21, 2010) were Rs.45.97 and Rs.64.80 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 January 21, 2010 74.8001 50.20 Janu
ଜାନୁଆରୀ 21, 2010
Investment by FIIs/NRIs/PIOs under PIS : M/s. Interworld Digital Limited (formerly Interworld Fashion Limited)
The Reserve Bank of India today notified that M/s. Interworld Digital Limited (formerly Interworld Fashion Limited) has agreed to enhance the limit for purchase of its equity shares by Foreign Institutional Investors (FIIs)/Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under the Portfolio Investment Scheme up to 100 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and extra-ordinary general meeti
The Reserve Bank of India today notified that M/s. Interworld Digital Limited (formerly Interworld Fashion Limited) has agreed to enhance the limit for purchase of its equity shares by Foreign Institutional Investors (FIIs)/Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under the Portfolio Investment Scheme up to 100 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and extra-ordinary general meeti
ଜାନୁଆରୀ 21, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.97 and the Reference Rate for Euro is Rs.64.80 on January 21, 2010. The corresponding rates for the previous day (January 20, 2010) were Rs.45.95 and Rs.65.20 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 January 20, 2010 74.8755 50.36 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.97 and the Reference Rate for Euro is Rs.64.80 on January 21, 2010. The corresponding rates for the previous day (January 20, 2010) were Rs.45.95 and Rs.65.20 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 January 20, 2010 74.8755 50.36 Janu
ଜାନୁଆରୀ 20, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.95 and the Reference Rate for Euro is Rs.65.20 on January 20, 2010. The corresponding rates for the previous day (January 19, 2010) were Rs.45.62 and Rs.65.67 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 January 19, 2010 74.8442 50.40 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.95 and the Reference Rate for Euro is Rs.65.20 on January 20, 2010. The corresponding rates for the previous day (January 19, 2010) were Rs.45.62 and Rs.65.67 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 January 19, 2010 74.8442 50.40 Janu
ଜାନୁଆରୀ 19, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.62 and the Reference Rate for Euro is Rs.65.67 on January 19, 2010. The corresponding rates for the previous day (January 18, 2010) were Rs.45.66 and Rs.65.64 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 January 18, 2010 74.3619 50.26 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.62 and the Reference Rate for Euro is Rs.65.67 on January 19, 2010. The corresponding rates for the previous day (January 18, 2010) were Rs.45.66 and Rs.65.64 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 January 18, 2010 74.3619 50.26 Janu
ଜାନୁଆରୀ 18, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.66 and the Reference Rate for Euro is Rs.65.64 on January 18, 2010. The corresponding rates for the previous day (January 15, 2010) were Rs.45.67 and Rs.65.88 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 January 15, 2010 74.5860 50.16 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.66 and the Reference Rate for Euro is Rs.65.64 on January 18, 2010. The corresponding rates for the previous day (January 15, 2010) were Rs.45.67 and Rs.65.88 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 January 15, 2010 74.5860 50.16 Janu
ଜାନୁଆରୀ 18, 2010
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 December 28, 2009 to January 01, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 28/12/2009 17 2 1 0 0 0 7 0 3 78 101 0 29/12/2009 3,700 1,327 2,062 380 768 889 4,912 4,734 381 3,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 28, 2009 to January 01, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 28/12/2009 17 2 1 0 0 0 7 0 3 78 101 0 29/12/2009 3,700 1,327 2,062 380 768 889 4,912 4,734 381 3,
ଜାନୁଆରୀ 15, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.67 and the Reference Rate for Euro is Rs.65.88 on January 15, 2010. The corresponding rates for the previous day (January 14, 2010) were Rs.45.48 and Rs.66.10 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 January 14, 2010 74.0142 49.60 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.67 and the Reference Rate for Euro is Rs.65.88 on January 15, 2010. The corresponding rates for the previous day (January 14, 2010) were Rs.45.48 and Rs.66.10 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 January 14, 2010 74.0142 49.60 Janu
ଜାନୁଆରୀ 14, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.48 and the Reference Rate for Euro is Rs.66.10 on January 14, 2010. The corresponding rates for the previous day (January 13, 2010) were Rs.45.68 and Rs.66.21 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 January 13, 2010 74.0290 50.14 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.48 and the Reference Rate for Euro is Rs.66.10 on January 14, 2010. The corresponding rates for the previous day (January 13, 2010) were Rs.45.68 and Rs.66.21 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 January 13, 2010 74.0290 50.14 Janu
ଜାନୁଆରୀ 13, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.68 and the Reference Rate for Euro is Rs.66.21 on January 13, 2010. The corresponding rates for the previous day (January 12, 2010) were Rs.45.40 and Rs.65.86 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 January 12, 2010 73.1621 49.26 Janu
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.68 and the Reference Rate for Euro is Rs.66.21 on January 13, 2010. The corresponding rates for the previous day (January 12, 2010) were Rs.45.40 and Rs.65.86 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 January 12, 2010 73.1621 49.26 Janu
ଜାନୁଆରୀ 12, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.40 and the Reference Rate for Euro is Rs.65.86 on January 12, 2010. The corresponding rates for the previous day (January 11, 2010) were Rs.45.36 and Rs.65.79 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 January 11, 2010 72.9389 49.15 Jan
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.40 and the Reference Rate for Euro is Rs.65.86 on January 12, 2010. The corresponding rates for the previous day (January 11, 2010) were Rs.45.36 and Rs.65.79 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 January 11, 2010 72.9389 49.15 Jan
ଜାନୁଆରୀ 11, 2010
Investment by FIIs/NRIs/PIOs under PIS : M/s. Entertainment Network India Ltd. and M/s. Sterling Holiday Resorts (India) Limited
The Reserve Bank of India has today notified that the aggregate share holdings in M/s. Entertainment Network India Ltd. and M/s. Sterling Holiday Resorts (India) Limited by Foreign Institutional Investors (FIIs)/ Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Therefore, the restrictions placed on the purchase of shares of the abov
The Reserve Bank of India has today notified that the aggregate share holdings in M/s. Entertainment Network India Ltd. and M/s. Sterling Holiday Resorts (India) Limited by Foreign Institutional Investors (FIIs)/ Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Therefore, the restrictions placed on the purchase of shares of the abov
ଜାନୁଆରୀ 11, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.36 and the Reference Rate for Euro is Rs.65.79 on January 11, 2010. The corresponding rates for the previous day (January 8, 2010) were Rs.45.80 and Rs.65.56 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 January 8, 2010 73.0670 49.07 Januar
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.36 and the Reference Rate for Euro is Rs.65.79 on January 11, 2010. The corresponding rates for the previous day (January 8, 2010) were Rs.45.80 and Rs.65.56 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 January 8, 2010 73.0670 49.07 Januar
ଜାନୁଆରୀ 08, 2010
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 December 21, 2009 to December 24, 2009. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 21/12/2009 1,770 751 316 183 504 469 3,749 3,582 256 2,341 1,387 101 22/12/2009 2,103 1,137 261 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 21, 2009 to December 24, 2009. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 21/12/2009 1,770 751 316 183 504 469 3,749 3,582 256 2,341 1,387 101 22/12/2009 2,103 1,137 261 2
ଜାନୁଆରୀ 08, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.80 and the Reference Rate for Euro is Rs.65.56 on January 8, 2010. The corresponding rates for the previous day (January 7, 2010) were Rs.45.87 and Rs.65.94 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 January 7, 2010 73.2636 49.76 January
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.80 and the Reference Rate for Euro is Rs.65.56 on January 8, 2010. The corresponding rates for the previous day (January 7, 2010) were Rs.45.87 and Rs.65.94 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 January 7, 2010 73.2636 49.76 January
ଜାନୁଆରୀ 07, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.87 and the Reference Rate for Euro is Rs.65.94 on January 7, 2010. The corresponding rates for the previous day (January 6, 2010) were Rs.46.12 and Rs.66.20 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 January 6, 2010 73.7182 50.14 January
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.87 and the Reference Rate for Euro is Rs.65.94 on January 7, 2010. The corresponding rates for the previous day (January 6, 2010) were Rs.46.12 and Rs.66.20 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 January 6, 2010 73.7182 50.14 January
ଜାନୁଆରୀ 06, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.12 and the Reference Rate for Euro is Rs.66.20 on January 6, 2010. The corresponding rates for the previous day (January 5, 2010) were Rs.46.20 and Rs.66.78 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 January 5, 2010 74.5298 50.35 January
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.12 and the Reference Rate for Euro is Rs.66.20 on January 6, 2010. The corresponding rates for the previous day (January 5, 2010) were Rs.46.20 and Rs.66.78 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 January 5, 2010 74.5298 50.35 January
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