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Foreign Exchange Management Act Announcement
Press Releases
ਅਗ 16, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.8195 and the Reference Rate for Euro is ` 82.4510 on August 16, 2013. The corresponding rates for the previous day (August 14, 2013) were ` 61.5160 and ` 81.6266 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 August 14, 2013 August 16, 2013 1 GBP 94.9869 9
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.8195 and the Reference Rate for Euro is ` 82.4510 on August 16, 2013. The corresponding rates for the previous day (August 14, 2013) were ` 61.5160 and ` 81.6266 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 August 14, 2013 August 16, 2013 1 GBP 94.9869 9
ਪੀਡੀਐਫ (
ਅਗ 14, 2013
Investment by FIIs under PIS - Incorporation in Ban List : M/s Axis Bank Ltd
The Reserve Bank of India today notified that foreign share holding by Global Depository Receipt (GDR)/American Depository Receipt (ADR)/Foreign Direct Investment (FDI)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Institutional Investors (FIIs) in M/s Axis Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of share of this bank would be allowed through stock exchanges in India on behalf of
The Reserve Bank of India today notified that foreign share holding by Global Depository Receipt (GDR)/American Depository Receipt (ADR)/Foreign Direct Investment (FDI)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Institutional Investors (FIIs) in M/s Axis Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of share of this bank would be allowed through stock exchanges in India on behalf of
ਅਗ 14, 2013
RBI announces measures to rationalise Foreign Exchange Outflows by Resident Indians
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
ਅਗ 14, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5160 and the Reference Rate for Euro is `81.6266 on August 14, 2013. The corresponding rates for the previous day (August 13, 2013) were `61.4343 and `81.7770 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 August 13, 2013 August 14, 2013 1 GBP 95.0757 94.98
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5160 and the Reference Rate for Euro is `81.6266 on August 14, 2013. The corresponding rates for the previous day (August 13, 2013) were `61.4343 and `81.7770 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 August 13, 2013 August 14, 2013 1 GBP 95.0757 94.98
ਅਗ 13, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4343 and the Reference Rate for Euro is `81.7770 on August 13, 2013. The corresponding rates for the previous day (August 12, 2013) were `60.8025 and `81.0345 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 August 12, 2013 August 13, 2013 1 GBP 94.2074 95.07
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4343 and the Reference Rate for Euro is `81.7770 on August 13, 2013. The corresponding rates for the previous day (August 12, 2013) were `60.8025 and `81.0345 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 August 12, 2013 August 13, 2013 1 GBP 94.2074 95.07
ਅਗ 12, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.8025 and the Reference Rate for Euro is `81.0345 on August 12, 2013. The corresponding rates for the previous day (August 8, 2013) were `61.1150 and `81.5420 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 August 8, 2013 August 12, 2013 1 GBP 94.7710 94.2074
The Reserve Bank of India’s Reference Rate for the US dollar is `60.8025 and the Reference Rate for Euro is `81.0345 on August 12, 2013. The corresponding rates for the previous day (August 8, 2013) were `61.1150 and `81.5420 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 August 8, 2013 August 12, 2013 1 GBP 94.7710 94.2074
ਅਗ 08, 2013
Overseas Direct Investment for July 2013
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/291
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/291
ਅਗ 08, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.1150 and the Reference Rate for Euro is ` 81.5420 on August 8, 2013. The corresponding rates for the previous day (August 7, 2013) were ` 61.3940 and ` 81.6990 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 August 7, 2013 August 8, 2013 1 GBP 94.1723 94.77
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.1150 and the Reference Rate for Euro is ` 81.5420 on August 8, 2013. The corresponding rates for the previous day (August 7, 2013) were ` 61.3940 and ` 81.6990 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 August 7, 2013 August 8, 2013 1 GBP 94.1723 94.77
ਅਗ 07, 2013
Investment by FIIs under PIS - Removal from the Ban List : M/s Maruti Suzuki India Ltd
The Reserve Bank of India has today notified that the foreign share holdings in M/s Maruti Suzuki India Ltd. by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Maruti Suzuki India Ltd. are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/
The Reserve Bank of India has today notified that the foreign share holdings in M/s Maruti Suzuki India Ltd. by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Maruti Suzuki India Ltd. are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/
ਅਗ 07, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.3940 and the Reference Rate for Euro is `81.6990 on August 7, 2013. The corresponding rates for the previous day (August 6, 2013) were `61.5355 and `81.5785 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 August 6, 2013 August 7, 2013 1 GBP 94.3708 94.1723 1
The Reserve Bank of India’s Reference Rate for the US dollar is `61.3940 and the Reference Rate for Euro is `81.6990 on August 7, 2013. The corresponding rates for the previous day (August 6, 2013) were `61.5355 and `81.5785 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 August 6, 2013 August 7, 2013 1 GBP 94.3708 94.1723 1
ਅਗ 06, 2013
Data on India’s Invisibles for Fourth Quarter (January-March) of 2012-13
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for January-March 2013 and revised data for April-June 2012 and July-September 2012 and October-December 2012 along with corresponding data for previous year. In order to enhance data dissemination, the disaggregated data on India’s Invisibles are released on a quarterly basis on the RBI website with about one month
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for January-March 2013 and revised data for April-June 2012 and July-September 2012 and October-December 2012 along with corresponding data for previous year. In order to enhance data dissemination, the disaggregated data on India’s Invisibles are released on a quarterly basis on the RBI website with about one month
ਅਗ 06, 2013
Data on ECB / FCCB for June 2013
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of June 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/257
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of June 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/257
ਅਗ 06, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5355 and the Reference Rate for Euro is `81.5785 on August 6, 2013. The corresponding rates for the previous day (August 5, 2013) were `60.8220 and `80.7335 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 August 5, 2013 August 6, 2013 1 GBP 92.9664 94.3708 1
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5355 and the Reference Rate for Euro is `81.5785 on August 6, 2013. The corresponding rates for the previous day (August 5, 2013) were `60.8220 and `80.7335 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 August 5, 2013 August 6, 2013 1 GBP 92.9664 94.3708 1
ਅਗ 05, 2013
Investment by FIIs/NRI/PIOs under PIS - Removal from the Caution List : M/s Dena Bank
The Reserve Bank of India has today notified that the foreign share holdings in M/s Dena Bank by Foreign Institutional Investors (FIIs)/Non Resident Indian (NRIs)/Persons of Indian Origin (PIOs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Dena Bank are withdrawn with immediate effect. Sabeeta Badkar Assistant Manager Pr
The Reserve Bank of India has today notified that the foreign share holdings in M/s Dena Bank by Foreign Institutional Investors (FIIs)/Non Resident Indian (NRIs)/Persons of Indian Origin (PIOs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Dena Bank are withdrawn with immediate effect. Sabeeta Badkar Assistant Manager Pr
ਅਗ 05, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.8220 and the Reference Rate for Euro is ` 80.7335 on August 5, 2013. The corresponding rates for the previous day (August 2, 2013) were ` 60.8035 and ` 80.3655 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 August 2, 2013 August 5, 2013 1 GBP 91.9531 92.96
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.8220 and the Reference Rate for Euro is ` 80.7335 on August 5, 2013. The corresponding rates for the previous day (August 2, 2013) were ` 60.8035 and ` 80.3655 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 August 2, 2013 August 5, 2013 1 GBP 91.9531 92.96
ਅਗ 02, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.8035 and the Reference Rate for Euro is ` 80.3655 on August 2, 2013. The corresponding rates for the previous day (August 1, 2013) were ` 60.7423 and ` 80.6025 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 August 1, 2013 August 2, 2013 1 GBP 92.0550 91.95
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.8035 and the Reference Rate for Euro is ` 80.3655 on August 2, 2013. The corresponding rates for the previous day (August 1, 2013) were ` 60.7423 and ` 80.6025 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 August 1, 2013 August 2, 2013 1 GBP 92.0550 91.95
ਅਗ 01, 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 July 15, 2013 to July 19, 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 15-7-2013 2,021 756 467 321 102 63 7,722 6,672 437 3,119 1,074 40 16-7-2013 1,912 1,159 1,001 330
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 15, 2013 to July 19, 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 15-7-2013 2,021 756 467 321 102 63 7,722 6,672 437 3,119 1,074 40 16-7-2013 1,912 1,159 1,001 330
ਅਗ 01, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.7423 and the Reference Rate for Euro is `80.6025 on August 1, 2013. The corresponding rates for the previous day (July 31, 2013) were `61.1150 and `80.9535 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 July 31, 2013 August 1, 2013 1 GBP 92.9742 92.0550 100
The Reserve Bank of India’s Reference Rate for the US dollar is `60.7423 and the Reference Rate for Euro is `80.6025 on August 1, 2013. The corresponding rates for the previous day (July 31, 2013) were `61.1150 and `80.9535 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 July 31, 2013 August 1, 2013 1 GBP 92.9742 92.0550 100
ਜੁਲਾ 31, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.1150 and the Reference Rate for Euro is `80.9535 on July 31, 2013. The corresponding rates for the previous day (July 30, 2013) were `59.8280 and `79.3277 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 July 30, 2013 July 31, 2013 1 GBP 91.7582 92.9742 100 Y
The Reserve Bank of India’s Reference Rate for the US dollar is `61.1150 and the Reference Rate for Euro is `80.9535 on July 31, 2013. The corresponding rates for the previous day (July 30, 2013) were `59.8280 and `79.3277 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 July 30, 2013 July 31, 2013 1 GBP 91.7582 92.9742 100 Y
ਜੁਲਾ 30, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `59.8280 and the Reference Rate for Euro is `79.3277 on July 30, 2013. The corresponding rates for the previous day (July 29, 2013) were `59.2970 and `78.7129 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 July 29, 2013 July 30, 2013 1 GBP 91.1810 91.7582 100 Y
The Reserve Bank of India’s Reference Rate for the US dollar is `59.8280 and the Reference Rate for Euro is `79.3277 on July 30, 2013. The corresponding rates for the previous day (July 29, 2013) were `59.2970 and `78.7129 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 July 29, 2013 July 30, 2013 1 GBP 91.1810 91.7582 100 Y
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ਪੇਜ ਅੰਤਿਮ ਅੱਪਡੇਟ ਦੀ ਤਾਰੀਖ: ਸਤੰਬਰ 22, 2023
