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Foreign Exchange Management Act Announcement
Press Releases
பிப். 23, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2450 and the Reference Rate for Euro is `65.2903 on February 23, 2012. The corresponding rates for the previous day (February 22, 2012) were `49.2453 and `65.1638 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 February 22, 2012 77.7485 61.53 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2450 and the Reference Rate for Euro is `65.2903 on February 23, 2012. The corresponding rates for the previous day (February 22, 2012) were `49.2453 and `65.1638 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 February 22, 2012 77.7485 61.53 Febru
பிடிஎஃப் (
பிப். 22, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2453 and the Reference Rate for Euro is `65.1638 on February 22, 2012. The corresponding rates for the previous day (February 21, 2012) were `49.0835 and `65.1705 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 February 21, 2012 77.7973 61.52 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2453 and the Reference Rate for Euro is `65.1638 on February 22, 2012. The corresponding rates for the previous day (February 21, 2012) were `49.0835 and `65.1705 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 February 21, 2012 77.7973 61.52 Febru
பிப். 21, 2012
Export of Goods and Services
Simplification and Revision of Softex Procedure Considering the spurt in volume of software exports from India in recent times, other complexities involved in execution of work contracts and time consumed in the certification of SOFTEX forms, a simplified procedure has since been finalised by the Reserve Bank. Under the revised procedure, a software exporter, whose annual turnover is at least Rs. 1000 crore or who file at least 600 SOFTEX forms annually, will be eligi
Simplification and Revision of Softex Procedure Considering the spurt in volume of software exports from India in recent times, other complexities involved in execution of work contracts and time consumed in the certification of SOFTEX forms, a simplified procedure has since been finalised by the Reserve Bank. Under the revised procedure, a software exporter, whose annual turnover is at least Rs. 1000 crore or who file at least 600 SOFTEX forms annually, will be eligi
பிப். 21, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 49.0835 and the Reference Rate for Euro is ` 65.1705 on February 21, 2012. The corresponding rates for the previous day (February 17, 2012) were ` 49.2128 and `64.5849 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 February 17, 2012 77.7513 62.20 Fe
The Reserve Bank of India’s Reference Rate for the US dollar is ` 49.0835 and the Reference Rate for Euro is ` 65.1705 on February 21, 2012. The corresponding rates for the previous day (February 17, 2012) were ` 49.2128 and `64.5849 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 February 17, 2012 77.7513 62.20 Fe
பிப். 17, 2012
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 January 30, 2012 to February 03, 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 30-01-2012 3,051 1,156 1,095 734 219 310 7,153 8,385 711 3,239 1,640 115 31-01-2012 2,997
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 30, 2012 to February 03, 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 30-01-2012 3,051 1,156 1,095 734 219 310 7,153 8,385 711 3,239 1,640 115 31-01-2012 2,997
பிப். 17, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2128 and the Reference Rate for Euro is `64.5849 on February 17, 2012. The corresponding rates for the previous day (February 15, 2012) were `49.2520 and `64.8900 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 February 15, 2012 77.4537 62.76 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2128 and the Reference Rate for Euro is `64.5849 on February 17, 2012. The corresponding rates for the previous day (February 15, 2012) were `49.2520 and `64.8900 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 February 15, 2012 77.4537 62.76 Febru
பிப். 15, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2520 and the Reference Rate for Euro is `64.8900 on February 15, 2012. The corresponding rates for the previous day (February 14, 2012) were `49.3313 and `64.8391 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 February 14, 2012 77.4107 63.25 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2520 and the Reference Rate for Euro is `64.8900 on February 15, 2012. The corresponding rates for the previous day (February 14, 2012) were `49.3313 and `64.8391 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 February 14, 2012 77.4107 63.25 Febru
பிப். 14, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.3313 and the Reference Rate for Euro is `64.8391 on February 14, 2012. The corresponding rates for the previous day (February 13, 2012) were `49.3180 and `65.3520 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 February 13, 2012 77.8435 63.56 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.3313 and the Reference Rate for Euro is `64.8391 on February 14, 2012. The corresponding rates for the previous day (February 13, 2012) were `49.3180 and `65.3520 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 February 13, 2012 77.8435 63.56 Febru
பிப். 13, 2012
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 January 23, 2012 to January 27, 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 23-01-2012 2,279 781 295 270 220 91 5,859 6,960 1,119 2,800 1,447 110 24-01-2012 2,014 1,59
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 23, 2012 to January 27, 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 23-01-2012 2,279 781 295 270 220 91 5,859 6,960 1,119 2,800 1,447 110 24-01-2012 2,014 1,59
பிப். 13, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.3180 and the Reference Rate for Euro is `65.3520 on February 13, 2012. The corresponding rates for the previous day (February 10, 2012) were `49.6445 and `65.7995 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 February 10, 2012 78.3539 63.94 Febru
The Reserve Bank of India’s Reference Rate for the US dollar is `49.3180 and the Reference Rate for Euro is `65.3520 on February 13, 2012. The corresponding rates for the previous day (February 10, 2012) were `49.6445 and `65.7995 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 February 10, 2012 78.3539 63.94 Febru
பிப். 10, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6445 and the Reference Rate for Euro is `65.7995 on February 10, 2012. The corresponding rates for the previous day (February 9, 2012) were `49.2895 and `65.5895 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 February 9, 2012 78.0992 63.86 Februar
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6445 and the Reference Rate for Euro is `65.7995 on February 10, 2012. The corresponding rates for the previous day (February 9, 2012) were `49.2895 and `65.5895 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 February 9, 2012 78.0992 63.86 Februar
பிப். 09, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2895 and the Reference Rate for Euro is `65.5895 on February 9, 2012. The corresponding rates for the previous day (February 8, 2012) were `49.0683 and `65.1526 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 February 8, 2012 78.0873 63.65 February
The Reserve Bank of India’s Reference Rate for the US dollar is `49.2895 and the Reference Rate for Euro is `65.5895 on February 9, 2012. The corresponding rates for the previous day (February 8, 2012) were `49.0683 and `65.1526 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 February 8, 2012 78.0873 63.65 February
பிப். 08, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.0683 and the Reference Rate for Euro is `65.1526 on February 8, 2012. The corresponding rates for the previous day (February 7, 2012) were `48.9150 and `64.1188 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 February 7, 2012 77.3053 63.79 February
The Reserve Bank of India’s Reference Rate for the US dollar is `49.0683 and the Reference Rate for Euro is `65.1526 on February 8, 2012. The corresponding rates for the previous day (February 7, 2012) were `48.9150 and `64.1188 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 February 7, 2012 77.3053 63.79 February
பிப். 07, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `48.9150 and the Reference Rate for Euro is `64.1188 on February 7, 2012. The corresponding rates for the previous day (February 6, 2012) were `48.6790 and ` 63.5678 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 February 6, 2012 76.7522 63.46 Februar
The Reserve Bank of India’s Reference Rate for the US dollar is `48.9150 and the Reference Rate for Euro is `64.1188 on February 7, 2012. The corresponding rates for the previous day (February 6, 2012) were `48.6790 and ` 63.5678 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 February 6, 2012 76.7522 63.46 Februar
பிப். 06, 2012
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 January 16, 2012 to January 20, 2012. All Figures are in USD Millions 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 16/01/2012 1,239 573 347 186 128 80 4,410 4,361 452 2,178 565 35 17/01/2012 2,049 1,126 618 165 216
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 16, 2012 to January 20, 2012. All Figures are in USD Millions 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 16/01/2012 1,239 573 347 186 128 80 4,410 4,361 452 2,178 565 35 17/01/2012 2,049 1,126 618 165 216
பிப். 06, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `48.6790 and the Reference Rate for Euro is `63.5678 on February 6, 2012. The corresponding rates for the previous day (February 3, 2012) were `48.9640 and `64.3953 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 February 3, 2012 77.4659 64.24 February
The Reserve Bank of India’s Reference Rate for the US dollar is `48.6790 and the Reference Rate for Euro is `63.5678 on February 6, 2012. The corresponding rates for the previous day (February 3, 2012) were `48.9640 and `64.3953 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 February 3, 2012 77.4659 64.24 February
பிப். 03, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `48.9640 and the Reference Rate for Euro is `64.3953 on February 3, 2012. The corresponding rates for the previous day (February 2, 2012) were `49.1288 and `64.7480 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 February 2, 2012 77.8495 64.54 February
The Reserve Bank of India’s Reference Rate for the US dollar is `48.9640 and the Reference Rate for Euro is `64.3953 on February 3, 2012. The corresponding rates for the previous day (February 2, 2012) were `49.1288 and `64.7480 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 February 2, 2012 77.8495 64.54 February
பிப். 02, 2012
Data on ECB/FCCB for December 2011
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 December 2011. Ajit Prasad Assistant General Manager Press Release: 2011-2012/1239
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 December 2011. Ajit Prasad Assistant General Manager Press Release: 2011-2012/1239
பிப். 02, 2012
Overseas Direct Investment for January, 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 January 2012. Ajit Prasad Assistant General Manager Press Release: 2011-2012/1238
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 January 2012. Ajit Prasad Assistant General Manager Press Release: 2011-2012/1238
பிப். 02, 2012
Investment by FIIs under PIS : M/s. Dewan Housing Finance Corporation Limited
The Reserve Bank of India today notified that M/s. Dewan Housing Finance Corporation Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 60 per cent of its paid up capital. Foreign Institutional Invest
The Reserve Bank of India today notified that M/s. Dewan Housing Finance Corporation Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 60 per cent of its paid up capital. Foreign Institutional Invest
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