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Foreign Exchange Management Act Announcement
Press Releases
ਨਵੰ 06, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.9225 and the Reference Rate for Euro is ` 83.6375 on November 6, 2013. The corresponding rates for the previous day (November 5, 2013) were ` 61.7880 and ` 83.4190 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date November 5, 2013 November 6, 2013 1 GBP 98.65
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.9225 and the Reference Rate for Euro is ` 83.6375 on November 6, 2013. The corresponding rates for the previous day (November 5, 2013) were ` 61.7880 and ` 83.4190 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date November 5, 2013 November 6, 2013 1 GBP 98.65
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ਨਵੰ 05, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.7880 and the Reference Rate for Euro is `83.4190 on November 5, 2013. The corresponding rates for the previous day (November 1, 2013) were `61.9046 and `83.8775 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date November 1, 2013 November 5, 2013 1 GBP 99.1897 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.7880 and the Reference Rate for Euro is `83.4190 on November 5, 2013. The corresponding rates for the previous day (November 1, 2013) were `61.9046 and `83.8775 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date November 1, 2013 November 5, 2013 1 GBP 99.1897 9
ਨਵੰ 01, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9046 and the Reference Rate for Euro is `83.8775 on November 1, 2013. The corresponding rates for the previous day (October 31, 2013) were `61.4100 and `84.1245 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 31, 2013 November 1, 2013 1 GBP 98.2867 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9046 and the Reference Rate for Euro is `83.8775 on November 1, 2013. The corresponding rates for the previous day (October 31, 2013) were `61.4100 and `84.1245 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 31, 2013 November 1, 2013 1 GBP 98.2867 9
ਅਕਤੂ 31, 2013
Investment by FIIs under PIS : M/s HCL Technologies Limited
The Reserve Bank of India today notified that M/s HCL Technologies Limited has passed resolutions at their 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 the primary market and stock exchanges, under the Portfolio Investment Scheme, up to 49 per cent (revised from earlier limit of 30 per cent) of its paid up capi
The Reserve Bank of India today notified that M/s HCL Technologies Limited has passed resolutions at their 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 the primary market and stock exchanges, under the Portfolio Investment Scheme, up to 49 per cent (revised from earlier limit of 30 per cent) of its paid up capi
ਅਕਤੂ 31, 2013
Investment by FIIs under PIS : M/s Tata Motors Limited
The Reserve Bank of India today notified that M/s Tata Motors Limited has passed resolutions at their board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares with Differential Voting Rights or 'A' Type Ordinary Shares by Foreign Institutional Investors (FIIs). Accordingly, FIIs may now purchase up to 75 per cent of the company's equity shares with Differential Voting Rights or `A' Type Ordinary Sha
The Reserve Bank of India today notified that M/s Tata Motors Limited has passed resolutions at their board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares with Differential Voting Rights or 'A' Type Ordinary Shares by Foreign Institutional Investors (FIIs). Accordingly, FIIs may now purchase up to 75 per cent of the company's equity shares with Differential Voting Rights or `A' Type Ordinary Sha
ਅਕਤੂ 31, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4100 and the Reference Rate for Euro is `84.1245 on October 31, 2013. The corresponding rates for the previous day (October 30, 2013) were `61.4871 and `84.4855 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 30, 2013 October 31, 2013 1 GBP 98.7052 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4100 and the Reference Rate for Euro is `84.1245 on October 31, 2013. The corresponding rates for the previous day (October 30, 2013) were `61.4871 and `84.4855 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 30, 2013 October 31, 2013 1 GBP 98.7052 9
ਅਕਤੂ 30, 2013
Investment by FIIs under PIS : M/s Page Industries Limited
The Reserve Bank of India today notified that M/s Page Industries 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 49 per cent of its paid up capital. Ajit Prasad Assistant General Manager Press Rel
The Reserve Bank of India today notified that M/s Page Industries 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 49 per cent of its paid up capital. Ajit Prasad Assistant General Manager Press Rel
ਅਕਤੂ 30, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.4871 and the Reference Rate for Euro is ` 84.4855 on October 30, 2013. The corresponding rates for the previous day (October 29, 2013) were ` 61.4630 and ` 84.7244 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 29, 2013 October 30, 2013 1 GBP 98.98
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.4871 and the Reference Rate for Euro is ` 84.4855 on October 30, 2013. The corresponding rates for the previous day (October 29, 2013) were ` 61.4630 and ` 84.7244 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 29, 2013 October 30, 2013 1 GBP 98.98
ਅਕਤੂ 29, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4630 and the Reference Rate for Euro is `84.7244 on October 29, 2013. The corresponding rates for the previous day (October 28, 2013) were `61.5030 and `84.8825 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 28, 2013 October 29, 2013 1 GBP 99.4934 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4630 and the Reference Rate for Euro is `84.7244 on October 29, 2013. The corresponding rates for the previous day (October 28, 2013) were `61.5030 and `84.8825 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 28, 2013 October 29, 2013 1 GBP 99.4934 9
ਅਕਤੂ 28, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.5030 and the Reference Rate for Euro is ` 84.8825 on October 28, 2013. The corresponding rates for the previous day (October 25, 2013) were ` 61.6250 and ` 85.1350 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 25, 2013 October 28, 2013 1 GBP 99.93
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.5030 and the Reference Rate for Euro is ` 84.8825 on October 28, 2013. The corresponding rates for the previous day (October 25, 2013) were ` 61.6250 and ` 85.1350 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 25, 2013 October 28, 2013 1 GBP 99.93
ਅਕਤੂ 25, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.6250 and the Reference Rate for Euro is `85.1350 on October 25, 2013. The corresponding rates for the previous day (October 24, 2013) were `61.4105 and `84.8150 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 24, 2013 October 25, 2013 1 GBP 99.5280 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.6250 and the Reference Rate for Euro is `85.1350 on October 25, 2013. The corresponding rates for the previous day (October 24, 2013) were `61.4105 and `84.8150 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 24, 2013 October 25, 2013 1 GBP 99.5280 9
ਅਕਤੂ 24, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4105 and the Reference Rate for Euro is `84.8150 on October 24, 2013. The corresponding rates for the previous day (October 23, 2013) were `61.5340 and `84.7495 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 23, 2013 October 24, 2013 1 GBP 99.7466 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4105 and the Reference Rate for Euro is `84.8150 on October 24, 2013. The corresponding rates for the previous day (October 23, 2013) were `61.5340 and `84.7495 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 23, 2013 October 24, 2013 1 GBP 99.7466 9
ਅਕਤੂ 23, 2013
RBI receives US$ 10.1 billion under Forex Swap Window
The Reserve Bank has received till date USD 10.1 billion under the special concessional window for swapping Foreign Currency Non-Resident (Banks) Deposits and Overseas Foreign Currency Borrowings. The Reserve Bank of India had announced these schemes on September 4, 2013. Alpana Killawala Principal Chief General Manager Press Release : 2013-2014/842
The Reserve Bank has received till date USD 10.1 billion under the special concessional window for swapping Foreign Currency Non-Resident (Banks) Deposits and Overseas Foreign Currency Borrowings. The Reserve Bank of India had announced these schemes on September 4, 2013. Alpana Killawala Principal Chief General Manager Press Release : 2013-2014/842
ਅਕਤੂ 23, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5340 and the Reference Rate for Euro is `84.7495 on October 23, 2013. The corresponding rates for the previous day (October 22, 2013) were `61.7800 and `84.4855 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 22, 2013 October 23, 2013 1 GBP 99.6573 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5340 and the Reference Rate for Euro is `84.7495 on October 23, 2013. The corresponding rates for the previous day (October 22, 2013) were `61.7800 and `84.4855 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 22, 2013 October 23, 2013 1 GBP 99.6573 9
ਅਕਤੂ 22, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.7800 and the Reference Rate for Euro is `84.4855 on October 22, 2013. The corresponding rates for the previous day (October 21, 2013) were `61.4885 and `84.1215 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 21, 2013 October 22, 2013 1 GBP 99.4085 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.7800 and the Reference Rate for Euro is `84.4855 on October 22, 2013. The corresponding rates for the previous day (October 21, 2013) were `61.4885 and `84.1215 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 21, 2013 October 22, 2013 1 GBP 99.4085 9
ਅਕਤੂ 21, 2013
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 September 30, 2013 to October 4, 2013. 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 30-09-2013 3,564 1,921 1,233 417 248 284 7,742 8,113 1,348 2,914 1,875 55 1-10-2013 2,008
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 30, 2013 to October 4, 2013. 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 30-09-2013 3,564 1,921 1,233 417 248 284 7,742 8,113 1,348 2,914 1,875 55 1-10-2013 2,008
ਅਕਤੂ 21, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4885 and the Reference Rate for Euro is `84.1215 on October 21, 2013. The corresponding rates for the previous day (October 18, 2013) were `61.2760 and `83.8010 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 18, 2013 October 21, 2013 1 GBP 99.0281 9
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4885 and the Reference Rate for Euro is `84.1215 on October 21, 2013. The corresponding rates for the previous day (October 18, 2013) were `61.2760 and `83.8010 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date October 18, 2013 October 21, 2013 1 GBP 99.0281 9
ਅਕਤੂ 18, 2013
Investment by FIIs under PIS - Incorporation in Ban List : M/s IPCA Laboratories Ltd
The Reserve Bank of India today notified that the foreign share holding through Foreign Institutional Investors (FIIs) in M/s IPCA Laboratories Ltd. has crossed the overall limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of Foreign Institutional Investors. Ajit Prasad Assistant General Manager Press Release: 2013-2014/818
The Reserve Bank of India today notified that the foreign share holding through Foreign Institutional Investors (FIIs) in M/s IPCA Laboratories Ltd. has crossed the overall limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of Foreign Institutional Investors. Ajit Prasad Assistant General Manager Press Release: 2013-2014/818
ਅਕਤੂ 18, 2013
Investment by NRIs/PIOs under PIS under : M/s Dalmia Bharat Sugar & Industries Ltd [ Dalmia Cement(Bharat) Ltd]
The Reserve Bank of India today notified that the aggregate share holdings by Non-Resident Indian /Persons of Indian Origin (NRI/PIOs) under Portfolio Investment Scheme in M/s Dalmia Bharat Sugar & Industries Ltd [Dalmia Cement(Bharat) Ltd] have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company is withdrawn with immediate effect. Ajit Prasad Assist
The Reserve Bank of India today notified that the aggregate share holdings by Non-Resident Indian /Persons of Indian Origin (NRI/PIOs) under Portfolio Investment Scheme in M/s Dalmia Bharat Sugar & Industries Ltd [Dalmia Cement(Bharat) Ltd] have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company is withdrawn with immediate effect. Ajit Prasad Assist
ਅਕਤੂ 18, 2013
RBI Clarification on OMC Swap Window
The Reserve Bank of India today clarified that the Oil Marketing Companies (OMC) swap window remains operational. Any tapering of the window, as and when it occurs, will be done in a calibrated manner. Alpana Killawala Principal Chief General Manager Press Release : 2013-2014/808
The Reserve Bank of India today clarified that the Oil Marketing Companies (OMC) swap window remains operational. Any tapering of the window, as and when it occurs, will be done in a calibrated manner. Alpana Killawala Principal Chief General Manager Press Release : 2013-2014/808
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ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਸਤੰਬਰ 22, 2023
