The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8781 on February 10, 2016. The corresponding rate for the previous day (February 09, 2016) was ₹ 68.1623. 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 February 09, 2016 February 10, 2016 1 EUR 76.3827 76.6480 1 GBP 98.2696 98.2943 100 YEN 59.39 59.21 Note : The SD

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 25 to January 29, 2016. 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 25-01-2016 2,019 724 635 373 349 256 6,635 6,472 666 2,275 1,126 59 27-01-2016 3,544 1,856 1,354

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.1623 on February 09, 2016. The corresponding rate for the previous day (February 08, 2016) was ₹ 67.8190. 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 February 08, 2016 February 09, 2016 1 EUR 75.5368 76.3827 1 GBP 98.3308 98.2696 100 YEN 57.75 59.39 Note : The SD

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8190 on February 08, 2016. The corresponding rate for the previous day (February 05, 2016) was ₹ 67.6365. 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 February 05, 2016 February 08, 2016 1 EUR 75.7326 75.5368 1 GBP 98.4720 98.3308 100 YEN 57.91 57.75 Note : The SD

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.6365 on February 05, 2016. The corresponding rate for the previous day (February 04, 2016) was ₹ 67.8093. 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 February 04, 2016 February 05, 2016 1 EUR 75.1327 75.7326 1 GBP 98.7914 98.4720 100 YEN 57.42 57.91 Note : The SD

The Reserve Bank of India, in consultation with the Government of India, has revised nine regulations issued under the Foreign Exchange Management Act, 1999 (FEMA). Consequently, the respective original notifications and subsequent amendments stand repealed. For easy identification, revised regulations will carry the same numbers as in the old regulations with a suffix ‘(R)’ along with the year in which they are published. The Foreign Exchange Management Act enacted i

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8093 on February 04, 2016. The corresponding rate for the previous day (February 03, 2016) was ₹ 68.1825. 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 February 03, 2016 February 04, 2016 1 EUR 74.4553 75.1327 1 GBP 98.3192 98.7914 100 YEN 56.98 57.42 Note : The SD

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.1825 on February 03, 2016. The corresponding rate for the previous day (February 02, 2016) was ₹ 67.8340. 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 February 02, 2016 February 03, 2016 1 EUR 73.9323 74.4553 1 GBP 97.6131 98.3192 100 YEN 56.21 56.98 Note : The SD

In paragraph 14 of the Sixth Bi-monthly Monetary Policy Statement for 2015-16 released today, the Governor highlighted the steps being taken by the Reserve Bank of India, in keeping with the Government’s initiatives to promote the ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of the start-up enterprises. The details are: The following regulatory changes for easing the cross-border transactions,

The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 100 per cent of the paid up capital of M/s Vertex Securities Limited under the Portfolio Investment Scheme (PIS). 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 the limit for the purchase of