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Foreign Exchange Management Act Announcement
Press Releases
ਦਸੰ 09, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8750 on December 09, 2014. The corresponding rate for the previous day (December 08, 2014) was ` 61.9253. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 08, 2014 December 09, 2014 1 EUR 76.1000 76.2919 1 GBP 96.3743 96.9024 100 YEN 50.98 51.61 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8750 on December 09, 2014. The corresponding rate for the previous day (December 08, 2014) was ` 61.9253. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 08, 2014 December 09, 2014 1 EUR 76.1000 76.2919 1 GBP 96.3743 96.9024 100 YEN 50.98 51.61 Note : The SD
ਪੀਡੀਐਫ (
ਦਸੰ 08, 2014
Sources of Variation in Foreign Exchange Reserves in India during April-September 2014
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for July-September 2014 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2014 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2014 During April-September 2014, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for July-September 2014 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2014 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2014 During April-September 2014, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
ਦਸੰ 08, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.9253 on December 08, 2014. The corresponding rate for the previous day (December 05, 2014) was `61.8535. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 05, 2014 December 08, 2014 1 EUR 76.5313 76.1000 1 GBP 96.7265 96.3743 100 YEN 51.51 50.98 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.9253 on December 08, 2014. The corresponding rate for the previous day (December 05, 2014) was `61.8535. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 05, 2014 December 08, 2014 1 EUR 76.5313 76.1000 1 GBP 96.7265 96.3743 100 YEN 51.51 50.98 Note : The SDR-
ਦਸੰ 05, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8535 on December 05, 2014. The corresponding rate for the previous day (December 04, 2014) was ` 61.8771. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 04, 2014 December 05, 2014 1 EUR 76.1274 76.5313 1 GBP 97.0171 96.7265 100 YEN 51.60 51.51 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8535 on December 05, 2014. The corresponding rate for the previous day (December 04, 2014) was ` 61.8771. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 04, 2014 December 05, 2014 1 EUR 76.1274 76.5313 1 GBP 97.0171 96.7265 100 YEN 51.60 51.51 Note : The SD
ਦਸੰ 04, 2014
NRI//PIOs can now invest up to 24 per cent under PIS in M/s Selan Exploration Technology Ltd. Removal from the Caution List
The Reserve Bank of India has today notified that the foreign shareholding by Non-Resident Indians (NRI)/Persons of Indian Origins (PIOs) in M/s. Selan Exploration Technology Ltd. have gone below the revised threshold caution limit. Hence the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI has further notified that the NRI/PIOs can now invest up to 24 per cent of the paid up capital of M/s Selan Explorati
The Reserve Bank of India has today notified that the foreign shareholding by Non-Resident Indians (NRI)/Persons of Indian Origins (PIOs) in M/s. Selan Exploration Technology Ltd. have gone below the revised threshold caution limit. Hence the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI has further notified that the NRI/PIOs can now invest up to 24 per cent of the paid up capital of M/s Selan Explorati
ਦਸੰ 04, 2014
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 November 03, 2014 to November 07, 2014. 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 03-11-2014 2,334 1,405 235 490 452 425 7,151 9,775 611 3,638 1,679 105 05-11-2014 3,525 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 03, 2014 to November 07, 2014. 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 03-11-2014 2,334 1,405 235 490 452 425 7,151 9,775 611 3,638 1,679 105 05-11-2014 3,525 1
ਦਸੰ 04, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8771 on December 04, 2014. The corresponding rate for the previous day (December 03, 2014) was ` 61.8866. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 03, 2014 December 04, 2014 1 EUR 76.5723 76.1274 1 GBP 96.8278 97.0171 100 YEN 51.93 51.60 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8771 on December 04, 2014. The corresponding rate for the previous day (December 03, 2014) was ` 61.8866. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 03, 2014 December 04, 2014 1 EUR 76.5723 76.1274 1 GBP 96.8278 97.0171 100 YEN 51.93 51.60 Note : The SD
ਦਸੰ 03, 2014
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 October 27, 2014 to October 31, 2014. 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 27-10-2014 3,333 1,311 421 663 824 829 6,484 6,345 838 4,037 2,147 116 28-10-2014 2,634 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 27, 2014 to October 31, 2014. 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 27-10-2014 3,333 1,311 421 663 824 829 6,484 6,345 838 4,037 2,147 116 28-10-2014 2,634 1,3
ਦਸੰ 03, 2014
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 October 20, 2014 to October 24, 2014. 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 20-10-2014 2,293 2,012 591 430 393 357 8,777 7,657 388 3,001 1,231 224 21-10-2014 2,793 1,8
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 20, 2014 to October 24, 2014. 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 20-10-2014 2,293 2,012 591 430 393 357 8,777 7,657 388 3,001 1,231 224 21-10-2014 2,793 1,8
ਦਸੰ 03, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8866 on December 03, 2014. The corresponding rate for the previous day (December 02, 2014) was ` 61.9255. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 02, 2014 December 03, 2014 1 EUR 77.2149 76.5723 1 GBP 97.3902 96.8278 100 YEN 52.31 51.93 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8866 on December 03, 2014. The corresponding rate for the previous day (December 02, 2014) was ` 61.9255. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 02, 2014 December 03, 2014 1 EUR 77.2149 76.5723 1 GBP 97.3902 96.8278 100 YEN 52.31 51.93 Note : The SD
ਦਸੰ 02, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9255 on December 02, 2014. The corresponding rate for the previous day (December 01, 2014) was ` 62.1377. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 01, 2014 December 02, 2014 1 EUR 77.3677 77.2149 1 GBP 97.0529 97.3902 100 YEN 52.26 52.31 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9255 on December 02, 2014. The corresponding rate for the previous day (December 01, 2014) was ` 62.1377. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 01, 2014 December 02, 2014 1 EUR 77.3677 77.2149 1 GBP 97.0529 97.3902 100 YEN 52.26 52.31 Note : The SD
ਦਸੰ 01, 2014
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 October 13, 2014 to October 17, 2014. 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 13-10-2014 1,155 1,539 590 464 454 361 4,268 3,784 1,560 2,916 672 88 14-10-2014 2,362 1,83
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 13, 2014 to October 17, 2014. 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 13-10-2014 1,155 1,539 590 464 454 361 4,268 3,784 1,560 2,916 672 88 14-10-2014 2,362 1,83
ਦਸੰ 01, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1377 on December 01, 2014. The corresponding rate for the previous day (November 28, 2014) was `61.9736. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 28, 2014 December 01, 2014 1 EUR 77.1633 77.3677 1 GBP 97.3667 97.0529 100 YEN 52.45 52.26 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1377 on December 01, 2014. The corresponding rate for the previous day (November 28, 2014) was `61.9736. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 28, 2014 December 01, 2014 1 EUR 77.1633 77.3677 1 GBP 97.3667 97.0529 100 YEN 52.45 52.26 Note : The SDR-
ਨਵੰ 28, 2014
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 October 06, 2014 to October 10, 2014. 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 07-10-2014 4,152 1,478 867 937 844 823 8,720 6,848 342 4,552 2,681 233 08-10-2014 3,560 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 06, 2014 to October 10, 2014. 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 07-10-2014 4,152 1,478 867 937 844 823 8,720 6,848 342 4,552 2,681 233 08-10-2014 3,560 1,3
ਨਵੰ 28, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9736 on November 28, 2014. The corresponding rate for the previous day (November 27, 2014) was ` 61.8650. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 27, 2014 November 28, 2014 1 EUR 77.3746 77.1633 1 GBP 97.6910 97.3667 100 YEN 52.71 52.45 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9736 on November 28, 2014. The corresponding rate for the previous day (November 27, 2014) was ` 61.8650. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 27, 2014 November 28, 2014 1 EUR 77.3746 77.1633 1 GBP 97.6910 97.3667 100 YEN 52.71 52.45 Note : The SD
ਨਵੰ 27, 2014
FIIs/RFPIs can now invest up to75 per cent under PIS in M/s Just Dial Limited
The Reserve Bank of India has today advised that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 75 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Just Dial Limited under the Portfolio Investment Scheme. The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing th
The Reserve Bank of India has today advised that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 75 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Just Dial Limited under the Portfolio Investment Scheme. The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing th
ਨਵੰ 27, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8650 on November 27, 2014. The corresponding rate for the previous day (November 26, 2014) was `61.8658. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 26, 2014 November 27, 2014 1 EUR 77.2147 77.3746 1 GBP 97.2283 97.6910 100 YEN 52.56 52.71 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8650 on November 27, 2014. The corresponding rate for the previous day (November 26, 2014) was `61.8658. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 26, 2014 November 27, 2014 1 EUR 77.2147 77.3746 1 GBP 97.2283 97.6910 100 YEN 52.56 52.71 Note : The SDR-
ਨਵੰ 26, 2014
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 29, 2014 to October 03, 2014. 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 29-09-2014 3,148 2,860 1,872 598 500 547 9,865 8,573 714 3,470 2,656 159 30-09-2014 4,132
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 29, 2014 to October 03, 2014. 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 29-09-2014 3,148 2,860 1,872 598 500 547 9,865 8,573 714 3,470 2,656 159 30-09-2014 4,132
ਨਵੰ 26, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8658 on November 26, 2014. The corresponding rate for the previous day (November 25, 2014) was `61.9195. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 25, 2014 November 26, 2014 1 EUR 76.9288 77.2147 1 GBP 97.1207 97.2283 100 YEN 52.52 52.56 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8658 on November 26, 2014. The corresponding rate for the previous day (November 25, 2014) was `61.9195. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 25, 2014 November 26, 2014 1 EUR 76.9288 77.2147 1 GBP 97.1207 97.2283 100 YEN 52.52 52.56 Note : The SDR-
ਨਵੰ 25, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9195 on November 25, 2014. The corresponding rate for the previous day (November 24, 2014) was ` 61.7798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 24, 2014 November 25, 2014 1 EUR 76.5946 76.9288 1 GBP 96.7842 97.1207 100 YEN 52.41 52.52 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9195 on November 25, 2014. The corresponding rate for the previous day (November 24, 2014) was ` 61.7798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date November 24, 2014 November 25, 2014 1 EUR 76.5946 76.9288 1 GBP 96.7842 97.1207 100 YEN 52.41 52.52 Note : The SD
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