Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for April-June 2013 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2013 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-June 2013 During April-June 2013, there was a decline in the foreign exchange reserves. The sources of variation in the foreign exchange reserves are se

Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1), i.e., April-June 2013, of the financial year 2013-14, are now available and presented in Statements I and II. While Statement I presents BoP data in BPM6 format, Statement II provides the same as per the old format. Developments in India’s BoP during April-June 2013 India’s current account deficit (CAD) in Q1 of 2013-14 was US$ 21.8 billion (4.9 per cent of GDP). It was US$ 16.9 billion

The Reserve Bank of India’s Reference Rate for the US dollar is `62.7770 and the Reference Rate for Euro is `84.6745 on September 30, 2013. The corresponding rates for the previous day (September 27, 2013) were `61.8110 and `83.4200 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 September 27, 2013 September 30, 2013 1 GBP 9

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 9, 2013 to September 13, 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 10-09-2013 3,095 1,425 658 1,136 129 129 6,993 5,317 1,139 3,120 1,478 69 11-09-2013 2,4

The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.8110 and the Reference Rate for Euro is ` 83.4200 on September 27, 2013. The corresponding rates for the previous day (September 26, 2013) were ` 62.2260 and ` 84.1073 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 September 26, 2013 September 27, 2013 1 G

The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Multi Commodity Exchange of India Limited by Foreign Institutional Investors (FIIs) in the primary/secondary markets under Portfolio Investment Scheme (PIS) have reached the trigger limit. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Pr

The Reserve Bank of India’s Reference Rate for the US dollar is `62.2260 and the Reference Rate for Euro is `84.1073 on September 26, 2013. The corresponding rates for the previous day (September 25, 2013) were `62.6981 and `84.4589 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 September 25, 2013 September 26, 2013 1 GBP 1

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 2, 2013 to September 6, 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 02-09-2013 1,240 1,037 455 276 167 148 5,373 3,032 788 2,860 805 50 03-09-2013 2,178 1,88

The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.6981 and the Reference Rate for Euro is ` 84.4589 on September 25, 2013. The corresponding rates for the previous day (September 24, 2013) were ` 62.6585 and ` 84.5955 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 September 24, 2013 September 25, 2013 1 G

The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.6585 and the Reference Rate for Euro is ` 84.5955 on September 24, 2013. The corresponding rates for the previous day (September 23, 2013) were ` 62.5200 and ` 84.6710 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 September 23, 2013 September 24, 2013 1 G