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Foreign Exchange Management Act Announcement
Press Releases
ଅଗଷ୍ଟ 12, 2008
RBI Reference Rate for US $ and Euro
August 12, 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.62.96 on August 12, 2008. The corresponding rates for the previous day (August 11, 2008) were Rs.42.00 and Rs.62.82 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 August 11, 2008 80.47
August 12, 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.62.96 on August 12, 2008. The corresponding rates for the previous day (August 11, 2008) were Rs.42.00 and Rs.62.82 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 August 11, 2008 80.47
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ଅଗଷ୍ଟ 11, 2008
RBI Reference Rate for US $ and Euro
August 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.00 and the Reference Rate for Euro is Rs.62.82 on August 11, 2008. The corresponding rates for the previous day (August 08, 2008) were Rs.42.20 and Rs.64.27 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 August 8, 2008 81.486
August 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.00 and the Reference Rate for Euro is Rs.62.82 on August 11, 2008. The corresponding rates for the previous day (August 08, 2008) were Rs.42.20 and Rs.64.27 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 August 8, 2008 81.486
ଅଗଷ୍ଟ 08, 2008
RBI Reference Rate for US $ and Euro
August 08, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.20 and the Reference Rate for Euro is Rs.64.27 on August 08, 2008. The corresponding rates for the previous day (August 7, 2008) were Rs.41.89 and Rs.64.81 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 August 7, 2008 81.7337
August 08, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.20 and the Reference Rate for Euro is Rs.64.27 on August 08, 2008. The corresponding rates for the previous day (August 7, 2008) were Rs.41.89 and Rs.64.81 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 August 7, 2008 81.7337
ଅଗଷ୍ଟ 08, 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 July 21, 2008 to July 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 21/07/2008 1,736 957 590 621 594 573 4,571 5,504 863 2,685 1,082 81 22/07/2008 1,485 1,066 457 506 784 66
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 21, 2008 to July 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 21/07/2008 1,736 957 590 621 594 573 4,571 5,504 863 2,685 1,082 81 22/07/2008 1,485 1,066 457 506 784 66
ଅଗଷ୍ଟ 07, 2008
Investment by FIIs/NRIs/PIOs under PIS :
M/s Housing Development and Infrastructure Limited
M/s Housing Development and Infrastructure 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. Housing Development and Infrastructure 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 co
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. Housing Development and Infrastructure 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 co
ଅଗଷ୍ଟ 07, 2008
RBI Reference Rate for US $ and Euro
August 07, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.89 and the Reference Rate for Euro is Rs.64.81 on August 07, 2008. The corresponding rates for the previous day (August 6, 2008) were Rs.42.00 and Rs.65.09 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 August 6, 2008 82.1436
August 07, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.89 and the Reference Rate for Euro is Rs.64.81 on August 07, 2008. The corresponding rates for the previous day (August 6, 2008) were Rs.42.00 and Rs.65.09 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 August 6, 2008 82.1436
ଅଗଷ୍ଟ 06, 2008
Computation and Dissemination of RBI Reference Rate
The Reserve Bank of India compiles on a daily basis and publishes reference rates for Spot USD/INR and Spot EUR/INR. The rates are arrived at by averaging the mean of the bid / offer rates polled from a few select banks around 12 noon every week day (excluding Saturdays). The contributing banks are selected on the basis of their standing, market-share in the domestic foreign exchange market and representative character. The Reserve Bank periodically reviews the proced
The Reserve Bank of India compiles on a daily basis and publishes reference rates for Spot USD/INR and Spot EUR/INR. The rates are arrived at by averaging the mean of the bid / offer rates polled from a few select banks around 12 noon every week day (excluding Saturdays). The contributing banks are selected on the basis of their standing, market-share in the domestic foreign exchange market and representative character. The Reserve Bank periodically reviews the proced
ଅଗଷ୍ଟ 06, 2008
RBI Reference Rate for US $ and Euro
August 06, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.00 and the Reference Rate for Euro is Rs.65.09 on August 06, 2008. The corresponding rates for the previous day (August 5, 2008) were Rs.42.28 and Rs.65.69 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 August 5, 2008 82.7990
August 06, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.00 and the Reference Rate for Euro is Rs.65.09 on August 06, 2008. The corresponding rates for the previous day (August 5, 2008) were Rs.42.28 and Rs.65.69 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 August 5, 2008 82.7990
ଅଗଷ୍ଟ 05, 2008
RBI Reference Rate for US $ and Euro
August 05, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.28 and the Reference Rate for Euro is Rs.65.69 on August 05, 2008. The corresponding rates for the previous day (August 4, 2008) were Rs.42.40 and Rs.66.02 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 August 4, 2008 83.5725
August 05, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.28 and the Reference Rate for Euro is Rs.65.69 on August 05, 2008. The corresponding rates for the previous day (August 4, 2008) were Rs.42.40 and Rs.66.02 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 August 4, 2008 83.5725
ଅଗଷ୍ଟ 04, 2008
RBI Reference Rate for US $ and Euro
August 04, 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.66.02 on August 04, 2008. The corresponding rates for the previous day (August 1, 2008) were Rs.42.37 and Rs.65.96 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 August 1, 2008 84.0112
August 04, 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.66.02 on August 04, 2008. The corresponding rates for the previous day (August 1, 2008) were Rs.42.37 and Rs.65.96 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 August 1, 2008 84.0112
ଅଗଷ୍ଟ 01, 2008
RBI Reference Rate for US $ and Euro
August 01, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.37 and the Reference Rate for Euro is Rs.65.96 on August 01, 2008. The corresponding rates for the previous day (July 31, 2008) were Rs.42.49 and Rs.66.33 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 31, 2008 84.2152 3
August 01, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.37 and the Reference Rate for Euro is Rs.65.96 on August 01, 2008. The corresponding rates for the previous day (July 31, 2008) were Rs.42.49 and Rs.66.33 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 31, 2008 84.2152 3
ଅଗଷ୍ଟ 01, 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 July 14, 2008 to July 18, 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 14/07/2008 1,466 791 515 629 1,048 918 4,731 5,401 754 4,344 1,773 155 15/07/2008 1,794 1,429 664 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 14, 2008 to July 18, 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 14/07/2008 1,466 791 515 629 1,048 918 4,731 5,401 754 4,344 1,773 155 15/07/2008 1,794 1,429 664 1,3
ଜୁଲାଇ 31, 2008
RBI Reference Rate for US $ and Euro
July 31, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 and the Reference Rate for Euro is Rs.66.33 on July 31, 2008. The corresponding rates for the previous day (July 30, 2008) were Rs.42.47 and Rs.66.14 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 30, 2008 84.0014 39.28
July 31, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 and the Reference Rate for Euro is Rs.66.33 on July 31, 2008. The corresponding rates for the previous day (July 30, 2008) were Rs.42.47 and Rs.66.14 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 30, 2008 84.0014 39.28
ଜୁଲାଇ 30, 2008
RBI Reference Rate for US $ and Euro
July 30, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.47 and the Reference Rate for Euro is Rs.66.14 on July 30, 2008. The corresponding rates for the previous day (July 29, 2008) were Rs..42.54 and Rs.66.95 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 29, 2008 84.8630 39.5
July 30, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.47 and the Reference Rate for Euro is Rs.66.14 on July 30, 2008. The corresponding rates for the previous day (July 29, 2008) were Rs..42.54 and Rs.66.95 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 29, 2008 84.8630 39.5
ଜୁଲାଇ 29, 2008
RBI Reference Rate for US $ and Euro
July 29, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.54 and the Reference Rate for Euro is Rs.66.95 on July 29, 2008. The corresponding rates for the previous day (July 28, 2008) were Rs.42.30 and Rs.66.42 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 28, 2008 84.0353 39.26
July 29, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.54 and the Reference Rate for Euro is Rs.66.95 on July 29, 2008. The corresponding rates for the previous day (July 28, 2008) were Rs.42.30 and Rs.66.42 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 28, 2008 84.0353 39.26
ଜୁଲାଇ 28, 2008
RBI Reference Rate for US $ and Euro
July 28, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.30 and the Reference Rate for Euro is Rs.66.42 on July 28, 2008. The corresponding rates for the previous day (July 25, 2008) were Rs.42.23 and Rs.66.41 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 25, 2008 83.8878 39.58
July 28, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.30 and the Reference Rate for Euro is Rs.66.42 on July 28, 2008. The corresponding rates for the previous day (July 25, 2008) were Rs.42.23 and Rs.66.41 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 25, 2008 83.8878 39.58
ଜୁଲାଇ 25, 2008
RBI Reference Rate for US $ and Euro
July 25, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.23 and the Reference Rate for Euro is Rs.66.41 on July 25, 2008. The corresponding rates for the previous day (July 24, 2008) were Rs.41.96 and Rs.65.82 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 24, 2008 83.7836 38.90
July 25, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.23 and the Reference Rate for Euro is Rs.66.41 on July 25, 2008. The corresponding rates for the previous day (July 24, 2008) were Rs.41.96 and Rs.65.82 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 24, 2008 83.7836 38.90
ଜୁଲାଇ 25, 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 July 07, 2008 to July 11, 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 07/07/2008 2,399 798 614 736 818 676 4,665 6,057 501 3,483 1,772 197 08/07/2008 1,617 977 448 554 724
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 07, 2008 to July 11, 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 07/07/2008 2,399 798 614 736 818 676 4,665 6,057 501 3,483 1,772 197 08/07/2008 1,617 977 448 554 724
ଜୁଲାଇ 24, 2008
RBI Reference Rate for US $ and Euro
July 24, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.96 and the Reference Rate for Euro is Rs.65.82 on July 24, 2008. The corresponding rates for the previous day (July 23, 2008) were Rs.42.33 and Rs. 66.75 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 23, 2008 84.3277 39.3
July 24, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.41.96 and the Reference Rate for Euro is Rs.65.82 on July 24, 2008. The corresponding rates for the previous day (July 23, 2008) were Rs.42.33 and Rs. 66.75 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 23, 2008 84.3277 39.3
ଜୁଲାଇ 23, 2008
Data on ECB/FCCB for June 2008
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of June 2008. G. Raghuraj Deputy General Manager Press Release : 2008-2009/100
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of June 2008. G. Raghuraj Deputy General Manager Press Release : 2008-2009/100
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