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Foreign Exchange Management Act Announcement
Press Releases
ஜன. 18, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 53.9465 and the Reference Rate for Euro is ` 72.2050 on January 18, 2013. The corresponding rates for the previous day (January 17, 2013) were ` 54.6428 and ` 72.6545 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date January 17, 2013 January 18, 2013 1 GBP 87.4558 8
The Reserve Bank of India’s Reference Rate for the US dollar is ` 53.9465 and the Reference Rate for Euro is ` 72.2050 on January 18, 2013. The corresponding rates for the previous day (January 17, 2013) were ` 54.6428 and ` 72.6545 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date January 17, 2013 January 18, 2013 1 GBP 87.4558 8
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ஜன. 17, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6428 and the Reference Rate for Euro is `72.6545 on January 17, 2013. The corresponding rates for the previous day (January 16, 2013) were `54.8260 and `72.8285 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date January 16, 2013 January 17, 2013 1 GBP 87.9902 87.45
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6428 and the Reference Rate for Euro is `72.6545 on January 17, 2013. The corresponding rates for the previous day (January 16, 2013) were `54.8260 and `72.8285 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date January 16, 2013 January 17, 2013 1 GBP 87.9902 87.45
ஜன. 16, 2013
Investment by FIIs under PIS : Crew B.O.S. Products Ltd
The Reserve Bank of India today notified that Crew B.O.S. Products Ltd., has passed resolutions at the board of directors' meeting and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by NRIS/PIOs though primary market and stock exchanges up to 24% of the paid up capital of the company under Portfolio Investment Scheme (PIS). This would be subject to the Regulation 5(3) of FEMA Notification No.
The Reserve Bank of India today notified that Crew B.O.S. Products Ltd., has passed resolutions at the board of directors' meeting and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by NRIS/PIOs though primary market and stock exchanges up to 24% of the paid up capital of the company under Portfolio Investment Scheme (PIS). This would be subject to the Regulation 5(3) of FEMA Notification No.
ஜன. 16, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.8260 and the Reference Rate for Euro is `72.8285 on January 16, 2013. The corresponding rates for the previous day (January 15, 2013) were `54.5425 and `72.8525 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 15, 2013 87.6934 61.30 January
The Reserve Bank of India’s Reference Rate for the US dollar is `54.8260 and the Reference Rate for Euro is `72.8285 on January 16, 2013. The corresponding rates for the previous day (January 15, 2013) were `54.5425 and `72.8525 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 15, 2013 87.6934 61.30 January
ஜன. 15, 2013
Overseas Direct Investment for December 2012
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 December 2012. J.D. Desai Assistant Manager Press Release : 2012-2013/1193
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 December 2012. J.D. Desai Assistant Manager Press Release : 2012-2013/1193
ஜன. 15, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5425 and the Reference Rate for Euro is `72.8525 on January 15, 2013. The corresponding rates for the previous day (January 14, 2013) were `54.6355 and `73.1273 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 14, 2013 88.1735 60.98 January
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5425 and the Reference Rate for Euro is `72.8525 on January 15, 2013. The corresponding rates for the previous day (January 14, 2013) were `54.6355 and `73.1273 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 14, 2013 88.1735 60.98 January
ஜன. 14, 2013
Swap Facility for Expansion of Export Credit in Foreign Currency
With a view to further enhancing the flow of credit to the export sector, the Reserve Bank of India has introduced a US Dollar-Rupee swap facility to support incremental Pre-shipment Export Credit in Foreign Currency (PCFC) by banks. Scheduled banks (excluding Regional Rural Banks (RRBs)) will have the option to access rupee refinance to the extent of the swap with the Reserve Bank under a special export credit refinance facility. The swap facility will be available t
With a view to further enhancing the flow of credit to the export sector, the Reserve Bank of India has introduced a US Dollar-Rupee swap facility to support incremental Pre-shipment Export Credit in Foreign Currency (PCFC) by banks. Scheduled banks (excluding Regional Rural Banks (RRBs)) will have the option to access rupee refinance to the extent of the swap with the Reserve Bank under a special export credit refinance facility. The swap facility will be available t
ஜன. 14, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6355 and the Reference Rate for Euro is `73.1273 on January 14, 2013. The corresponding rates for the previous day (January 11, 2013) were `54.5390 and `72.2945 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 11, 2013 88.0532 61.26 January
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6355 and the Reference Rate for Euro is `73.1273 on January 14, 2013. The corresponding rates for the previous day (January 11, 2013) were `54.5390 and `72.2945 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 11, 2013 88.0532 61.26 January
ஜன. 11, 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 December 24, 2012 to December 28, 2012. 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 24-12-2012 3,853 1,189 1,329 254 519 493 6,009 6,367 1,111 1,798 1,874 402 26-12-2012 2,4
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 24, 2012 to December 28, 2012. 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 24-12-2012 3,853 1,189 1,329 254 519 493 6,009 6,367 1,111 1,798 1,874 402 26-12-2012 2,4
ஜன. 11, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5390 and the Reference Rate for Euro is `72.2945 on January 11, 2013. The corresponding rates for the previous day (January 10, 2013) were `54.6305 and `71.3235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 10, 2013 87.5017 61.99 January
The Reserve Bank of India’s Reference Rate for the US dollar is `54.5390 and the Reference Rate for Euro is `72.2945 on January 11, 2013. The corresponding rates for the previous day (January 10, 2013) were `54.6305 and `71.3235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 10, 2013 87.5017 61.99 January
ஜன. 10, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6305 and the Reference Rate for Euro is `71.3235 on January 10, 2013. The corresponding rates for the previous day (January 9, 2013) were `54.9625 and `71.9235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 9 2013 88.2286 62.86 January 10,
The Reserve Bank of India’s Reference Rate for the US dollar is `54.6305 and the Reference Rate for Euro is `71.3235 on January 10, 2013. The corresponding rates for the previous day (January 9, 2013) were `54.9625 and `71.9235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 9 2013 88.2286 62.86 January 10,
ஜன. 09, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9625 and the Reference Rate for Euro is `71.9235 on January 9, 2013. The corresponding rates for the previous day (January 8, 2013) were `55.3278 and `72.5680 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 8, 2013 89.0501 63.33 January 9,
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9625 and the Reference Rate for Euro is `71.9235 on January 9, 2013. The corresponding rates for the previous day (January 8, 2013) were `55.3278 and `72.5680 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 8, 2013 89.0501 63.33 January 9,
ஜன. 08, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.3278 and the Reference Rate for Euro is `72.5680 on January 8, 2013. The corresponding rates for the previous day (January 7, 2013) were `54.9780 and `71.6690 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 7, 2013 88.1077 62.67 January 8,
The Reserve Bank of India’s Reference Rate for the US dollar is `55.3278 and the Reference Rate for Euro is `72.5680 on January 8, 2013. The corresponding rates for the previous day (January 7, 2013) were `54.9780 and `71.6690 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 7, 2013 88.1077 62.67 January 8,
ஜன. 07, 2013
Investment by FIIs/NRIs/PIOs under PIS : M/s Dena Bank
The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Dena Bank by Foreign Institutional Investors (FIIs)/Non Resident Indian (NRIs)/Persons of Indian Origins (PIOs) in 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 Assi
The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Dena Bank by Foreign Institutional Investors (FIIs)/Non Resident Indian (NRIs)/Persons of Indian Origins (PIOs) in 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 Assi
ஜன. 07, 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 December 17, 2012 to December 21, 2012. 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 17-12-2012 2,656 1,163 406 459 105 85 5,811 4,701 194 3,295 1,508 85 18-12-2012 6,659 1,0
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 17, 2012 to December 21, 2012. 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 17-12-2012 2,656 1,163 406 459 105 85 5,811 4,701 194 3,295 1,508 85 18-12-2012 6,659 1,0
ஜன. 07, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9780 and the Reference Rate for Euro is `71.669 on January 7, 2013. The corresponding rates for the previous day (January 4, 2013) were `54.8458 and `71.5405 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 4, 2013 88.1646 62.50 January 7, 2
The Reserve Bank of India’s Reference Rate for the US dollar is `54.9780 and the Reference Rate for Euro is `71.669 on January 7, 2013. The corresponding rates for the previous day (January 4, 2013) were `54.8458 and `71.5405 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 4, 2013 88.1646 62.50 January 7, 2
ஜன. 04, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.8458 and the Reference Rate for Euro is `71.5405 on January 4, 2013. The corresponding rates for the previous day (January 3, 2013) were `54.4153 and `71.4945 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 3, 2013 88.2888 62.36 January 4,
The Reserve Bank of India’s Reference Rate for the US dollar is `54.8458 and the Reference Rate for Euro is `71.5405 on January 4, 2013. The corresponding rates for the previous day (January 3, 2013) were `54.4153 and `71.4945 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 3, 2013 88.2888 62.36 January 4,
ஜன. 03, 2013
Investment by FIIs under PIS : ING Vysya Bank Ltd
The Reserve Bank of India today notified that the ING Vysya Bank Ltd. has passed a resolution in its board of directors’ Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by FIIs up-to 30% of their paid-up capital through primary/secondary markets in India. The Reserve Bank of India further advised that its approval to the ING Vysya Bank Ltd. for raising FII investment limit to 30% is subject to the condition that ag
The Reserve Bank of India today notified that the ING Vysya Bank Ltd. has passed a resolution in its board of directors’ Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by FIIs up-to 30% of their paid-up capital through primary/secondary markets in India. The Reserve Bank of India further advised that its approval to the ING Vysya Bank Ltd. for raising FII investment limit to 30% is subject to the condition that ag
ஜன. 03, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.4153 and the Reference Rate for Euro is `71.4945 on January 3, 2013. The corresponding rates for the previous day (January 2, 2013) were `54.3890 and `72.1900 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 2, 2013 88.7574 62.32 January 3,
The Reserve Bank of India’s Reference Rate for the US dollar is `54.4153 and the Reference Rate for Euro is `71.4945 on January 3, 2013. The corresponding rates for the previous day (January 2, 2013) were `54.3890 and `72.1900 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 2, 2013 88.7574 62.32 January 3,
ஜன. 02, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `54.3890 and the Reference Rate for Euro is `72.1900 on January 2, 2013. The corresponding rates for the previous day (January 1, 2013) were `54.8320 and `72.4803 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 1, 2013 89.2254 63.21 January 2,
The Reserve Bank of India’s Reference Rate for the US dollar is `54.3890 and the Reference Rate for Euro is `72.1900 on January 2, 2013. The corresponding rates for the previous day (January 1, 2013) were `54.8320 and `72.4803 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 1, 2013 89.2254 63.21 January 2,
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