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Foreign Exchange Management Act Announcement
Press Releases
ଅପ୍ରେଲ 16, 2008
RBI Reference Rate for US $ and Euro
April 16, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.96 and the Reference Rate for Euro is Rs.63.31 on April 16, 2008. The corresponding rates for the previous day (April 15, 2008) were Rs.39.96 and Rs.63.22 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 April 15, 2008 78.7152 3
April 16, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.96 and the Reference Rate for Euro is Rs.63.31 on April 16, 2008. The corresponding rates for the previous day (April 15, 2008) were Rs.39.96 and Rs.63.22 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 April 15, 2008 78.7152 3
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ଅପ୍ରେଲ 15, 2008
RBI Reference Rate for US $ and Euro
April 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.96 and the Reference Rate for Euro is Rs.63.22 on April 15, 2008. The corresponding rates for the previous day (April 11, 2008) were Rs.39.94 and Rs.63.05 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 April 11, 2008 78.8116 3
April 15, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.96 and the Reference Rate for Euro is Rs.63.22 on April 15, 2008. The corresponding rates for the previous day (April 11, 2008) were Rs.39.94 and Rs.63.05 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 April 11, 2008 78.8116 3
ଅପ୍ରେଲ 11, 2008
RBI Reference Rate for US $ and Euro
April 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.94 and the Reference Rate for Euro is Rs.63.05 on April 11, 2008. The corresponding rates for the previous day (April 10, 2008) were Rs.39.95 and Rs.63.24 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 April 10, 2008 78.9112 3
April 11, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.94 and the Reference Rate for Euro is Rs.63.05 on April 11, 2008. The corresponding rates for the previous day (April 10, 2008) were Rs.39.95 and Rs.63.24 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 April 10, 2008 78.9112 3
ଅପ୍ରେଲ 11, 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 March 24, 2008 to March 28, 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 24/03/2008 3,143 1,077 941 938 1,026 1,144 4,053 6,847 466 4,287 1,321 361 25/03/2008 2,812 1,121 9
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 24, 2008 to March 28, 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 24/03/2008 3,143 1,077 941 938 1,026 1,144 4,053 6,847 466 4,287 1,321 361 25/03/2008 2,812 1,121 9
ଅପ୍ରେଲ 10, 2008
RBI Reference Rate for US $ and Euro
April 10, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.95 and the Reference Rate for Euro is Rs.63.24 on April 10, 2008. The corresponding rates for the previous day (April 9, 2008) were Rs.40.02 and Rs.62.97 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 April 09, 2008 78.7774 39
April 10, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.95 and the Reference Rate for Euro is Rs.63.24 on April 10, 2008. The corresponding rates for the previous day (April 9, 2008) were Rs.40.02 and Rs.62.97 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 April 09, 2008 78.7774 39
ଅପ୍ରେଲ 09, 2008
RBI Reference Rate for US $ and Euro
April 9, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.02 and the Reference Rate for Euro is Rs.62.97 on April 9, 2008. The corresponding rates for the previous day (April 8, 2008) were Rs.40.02 and Rs.62.94 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 April 8, 2008 79.4437 39.10
April 9, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.02 and the Reference Rate for Euro is Rs.62.97 on April 9, 2008. The corresponding rates for the previous day (April 8, 2008) were Rs.40.02 and Rs.62.94 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 April 8, 2008 79.4437 39.10
ଅପ୍ରେଲ 09, 2008
Investment by FIIs under PIS
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures of the following companies under Portfolio Investment Scheme (PIS) through primary markets and stock exchanges in India upto the limits of their paid up capital shown against their names. 1.M/s. Soma Textiles & Industries Ltd - 74 per cent</A>2.M/s. Birla Power Solutions Ltd - 74 per cent The above companies have pass
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures of the following companies under Portfolio Investment Scheme (PIS) through primary markets and stock exchanges in India upto the limits of their paid up capital shown against their names. 1.M/s. Soma Textiles & Industries Ltd - 74 per cent</A>2.M/s. Birla Power Solutions Ltd - 74 per cent The above companies have pass
ଅପ୍ରେଲ 09, 2008
Data on ECB/FCCB for February 2008
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECBs) and Foreign Currency Convertible Bonds (FCCBs), both under Automatic Route and Approval Route, for the month of February 2008.Ajit PrasadManager Press Release : 2007-2008/1310
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECBs) and Foreign Currency Convertible Bonds (FCCBs), both under Automatic Route and Approval Route, for the month of February 2008.Ajit PrasadManager Press Release : 2007-2008/1310
ଅପ୍ରେଲ 08, 2008
RBI Reference Rate for US $ and Euro
April 8, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.02 and the Reference Rate for Euro is Rs.62.94 on April 8, 2008. The corresponding rates for the previous day (April 7, 2008) were Rs.39.93 and Rs.62.55 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 April 7, 2008 79.3469 38.95
April 8, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.02 and the Reference Rate for Euro is Rs.62.94 on April 8, 2008. The corresponding rates for the previous day (April 7, 2008) were Rs.39.93 and Rs.62.55 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 April 7, 2008 79.3469 38.95
ଅପ୍ରେଲ 07, 2008
RBI Reference Rate for US $ and Euro
April 7, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.93 and the Reference Rate for Euro is Rs.62.55 on April 7, 2008. The corresponding rates for the previous day (April 4, 2008) were Rs.39.97 and Rs.62.60 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 April 4, 2008 79.7861 39.00
April 7, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.93 and the Reference Rate for Euro is Rs.62.55 on April 7, 2008. The corresponding rates for the previous day (April 4, 2008) were Rs.39.97 and Rs.62.60 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 April 4, 2008 79.7861 39.00
ଅପ୍ରେଲ 04, 2008
Investment by FIIs : M/s. Parekh Aluminex Limited
The Reserve Bank of India has notified today that M/s Parekh Aluminex Limited has passed resolutions at its Board of Directors level and Extra-Ordinary General Meeting that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures through primary market or stock exchanges in India upto 74 per cent of its paid up capital. Ajit Prasad Manager Press Release :2007-2008/1292
The Reserve Bank of India has notified today that M/s Parekh Aluminex Limited has passed resolutions at its Board of Directors level and Extra-Ordinary General Meeting that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures through primary market or stock exchanges in India upto 74 per cent of its paid up capital. Ajit Prasad Manager Press Release :2007-2008/1292
ଅପ୍ରେଲ 04, 2008
Investment by FIIs and NRIs/PIOs : M/s Networth Stock Broking Limited
The Reserve Bank of India has notified today that M/s Networth Stock Broking Limited has passed resolution at its Board of Directors level and Extra-Ordinary General Meeting that equity shares or each series of convertible debentures under Portfolio Investment Scheme can be purchased through primary markets or stock exchanges in India upto the limits specified against each category as mentioned below : 1 Investment by FIIs upto : 49 per cent 2 Investment by NRIs/PIOs
The Reserve Bank of India has notified today that M/s Networth Stock Broking Limited has passed resolution at its Board of Directors level and Extra-Ordinary General Meeting that equity shares or each series of convertible debentures under Portfolio Investment Scheme can be purchased through primary markets or stock exchanges in India upto the limits specified against each category as mentioned below : 1 Investment by FIIs upto : 49 per cent 2 Investment by NRIs/PIOs
ଅପ୍ରେଲ 04, 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 March 17, 2008 to March 20, 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 17/03/2008 2,489 1,590 622 796 1,826 1,378 6,192 10,722 690 7,517 1,900 158 18/03/2008 3,186 991 84
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 17, 2008 to March 20, 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 17/03/2008 2,489 1,590 622 796 1,826 1,378 6,192 10,722 690 7,517 1,900 158 18/03/2008 3,186 991 84
ଅପ୍ରେଲ 04, 2008
RBI Reference Rate for US $ and Euro
April 4, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.97 and the Reference Rate for Euro is Rs.62.60 on April 4, 2008. The corresponding rates for the previous day (April 3, 2008) were Rs.39.95 and Rs.62.49 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 April 3, 2008 79.4166 38.84
April 4, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.97 and the Reference Rate for Euro is Rs.62.60 on April 4, 2008. The corresponding rates for the previous day (April 3, 2008) were Rs.39.95 and Rs.62.49 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 April 3, 2008 79.4166 38.84
ଅପ୍ରେଲ 03, 2008
Investment by FIIs/NRIs/PIOs under PIS : Vijaya Bank
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS) on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of Vijaya Bank, through secondary market in India. The Reserve Bank has stated that Vijaya Bank, has gone below the trigger limit of 20% of their paid up capital. Ajit Prasad Manager Press Release :2007-2008/1283
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS) on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) further purchases should be made of equity shares of Vijaya Bank, through secondary market in India. The Reserve Bank has stated that Vijaya Bank, has gone below the trigger limit of 20% of their paid up capital. Ajit Prasad Manager Press Release :2007-2008/1283
ଅପ୍ରେଲ 03, 2008
RBI Reference Rate for US $ and Euro
April 3, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.95 and the Reference Rate for Euro is Rs.62.49 on April 3, 2008. The corresponding rates for the previous day (April 2, 2008) were Rs.39.98 and Rs.62.25 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 April 2, 2008 79.0904 39.17
April 3, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.95 and the Reference Rate for Euro is Rs.62.49 on April 3, 2008. The corresponding rates for the previous day (April 2, 2008) were Rs.39.98 and Rs.62.25 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 April 2, 2008 79.0904 39.17
ଅପ୍ରେଲ 02, 2008
RBI Reference Rate for US $ and Euro
April 2, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.98 and the Reference Rate for Euro is Rs.62.25 on April 2, 2008. The corresponding rates for the previous day (March 31, 2008) were Rs.39.97 and Rs.63.09 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 March 31, 2008 79.5383 40.
April 2, 2008 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.98 and the Reference Rate for Euro is Rs.62.25 on April 2, 2008. The corresponding rates for the previous day (March 31, 2008) were Rs.39.97 and Rs.63.09 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 March 31, 2008 79.5383 40.
ଅପ୍ରେଲ 02, 2008
Investment by FIIs/NRIs/PIOs under PIS : M/s Indiabulls Securities 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. Indiabulls Securities 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 company, as it has
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. Indiabulls Securities 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 company, as it has
ଅପ୍ରେଲ 01, 2008
Investment by FIIs under PIS
The Reserve Bank of India has today notified that no further purchases of equity shares of the following companies 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 these companies have reached the 22 per cent of its paid up capital. 1. Arihant Foundations &am
The Reserve Bank of India has today notified that no further purchases of equity shares of the following companies 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 these companies have reached the 22 per cent of its paid up capital. 1. Arihant Foundations &am
ମାର୍ଚ୍ଚ 31, 2008
India's Balance of Payments Developments during the Third Quarter (October-December) of 2007-08 and April-December 2007-08
Preliminary data on India’s Balance of Payments (BoP) for the third quarter (Q3) i.e., October-December 2007 of the financial year 2007-08, are now available. These preliminary data and the partially revised data for the first two quarters i.e., April-June 2007 (Q1) and July-September 2007 (Q2), have been taken into account for compiling the BoP data for the period April-December of the current financial year i.e., 2007-08. Full details of these data are set out in th
Preliminary data on India’s Balance of Payments (BoP) for the third quarter (Q3) i.e., October-December 2007 of the financial year 2007-08, are now available. These preliminary data and the partially revised data for the first two quarters i.e., April-June 2007 (Q1) and July-September 2007 (Q2), have been taken into account for compiling the BoP data for the period April-December of the current financial year i.e., 2007-08. Full details of these data are set out in th
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