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Foreign Exchange Management Act Announcement
Press Releases
பிப். 02, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.1288 and the Reference Rate for Euro is `64.7480 on February 2, 2012. The corresponding rates for the previous day (February 1, 2012) were `49.5325 and `64.6569 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 1, 2012 77.9493 65.00 February
The Reserve Bank of India’s Reference Rate for the US dollar is `49.1288 and the Reference Rate for Euro is `64.7480 on February 2, 2012. The corresponding rates for the previous day (February 1, 2012) were `49.5325 and `64.6569 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 1, 2012 77.9493 65.00 February
பிடிஎஃப் (
பிப். 01, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.5325 and the Reference Rate for Euro is `64.6569 on February 1, 2012. The corresponding rates for the previous day (January 31, 2012) were `49.6825 and `65.5157 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 31, 2012 78.1704 65.18 February
The Reserve Bank of India’s Reference Rate for the US dollar is `49.5325 and the Reference Rate for Euro is `64.6569 on February 1, 2012. The corresponding rates for the previous day (January 31, 2012) were `49.6825 and `65.5157 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 31, 2012 78.1704 65.18 February
ஜன. 31, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6825 and the Reference Rate for Euro is `65.5157 on January 31, 2012. The corresponding rates for the previous day (January 30, 2012) were `49.5030 and `65.1882 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 30, 2012 77.7395 64.57 January
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6825 and the Reference Rate for Euro is `65.5157 on January 31, 2012. The corresponding rates for the previous day (January 30, 2012) were `49.5030 and `65.1882 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 30, 2012 77.7395 64.57 January
ஜன. 30, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.5030 and the Reference Rate for Euro is `65.1882 on January 30, 2012. The corresponding rates for the previous day (January 27, 2012) were `49.6480 and `65.0492 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 27, 2012 77.7984 64.45 January
The Reserve Bank of India’s Reference Rate for the US dollar is `49.5030 and the Reference Rate for Euro is `65.1882 on January 30, 2012. The corresponding rates for the previous day (January 27, 2012) were `49.6480 and `65.0492 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 27, 2012 77.7984 64.45 January
ஜன. 27, 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 9, 2012 to January 13, 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 09-01-2012 1,892 632 613 254 140 114 6,405 7,454 591 2,463 1,301 122 10-01-2012 2,323 933 82
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 9, 2012 to January 13, 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 09-01-2012 1,892 632 613 254 140 114 6,405 7,454 591 2,463 1,301 122 10-01-2012 2,323 933 82
ஜன. 27, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6480 and the Reference Rate for Euro is `65.0492 on January 27, 2012. The corresponding rates for the previous day (January 25, 2012) were `50.0215 and `65.1255 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 25, 2012 78.0535 64.19 January
The Reserve Bank of India’s Reference Rate for the US dollar is `49.6480 and the Reference Rate for Euro is `65.0492 on January 27, 2012. The corresponding rates for the previous day (January 25, 2012) were `50.0215 and `65.1255 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 25, 2012 78.0535 64.19 January
ஜன. 25, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.0215 and the Reference Rate for Euro is `65.1255 on January 25, 2012. The corresponding rates for the previous day (January 24, 2012) were `49.9673 and `65.0887 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 24, 2012 77.7441 64.90 January
The Reserve Bank of India’s Reference Rate for the US dollar is `50.0215 and the Reference Rate for Euro is `65.1255 on January 25, 2012. The corresponding rates for the previous day (January 24, 2012) were `49.9673 and `65.0887 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 24, 2012 77.7441 64.90 January
ஜன. 24, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `49.9673 and the Reference Rate for Euro is `65.0887 on January 24, 2012. The corresponding rates for the previous day (January 23, 2012) were `50.2435 and `64.7876 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 23, 2012 78.1286 65.24 January
The Reserve Bank of India’s Reference Rate for the US dollar is `49.9673 and the Reference Rate for Euro is `65.0887 on January 24, 2012. The corresponding rates for the previous day (January 23, 2012) were `50.2435 and `64.7876 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 23, 2012 78.1286 65.24 January
ஜன. 23, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.2435 and the Reference Rate for Euro is `64.7876 on January 23, 2012. The corresponding rates for the previous day (January 20, 2012) were `50.3288 and `65.3070 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 20, 2012 77.9694 65.27 January
The Reserve Bank of India’s Reference Rate for the US dollar is `50.2435 and the Reference Rate for Euro is `64.7876 on January 23, 2012. The corresponding rates for the previous day (January 20, 2012) were `50.3288 and `65.3070 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 20, 2012 77.9694 65.27 January
ஜன. 20, 2012
Investment by FIIs/NRIs/PIOs under PIS : M/s. Indiabulls Infrastructure and Power Limited
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs)/Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Indiabulls Infrastructure and Power Limited as under: FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company. NRIs/PIOs through primary market and stock exchanges up to 24 p
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs)/Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Indiabulls Infrastructure and Power Limited as under: FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company. NRIs/PIOs through primary market and stock exchanges up to 24 p
ஜன. 20, 2012
Investment by FIIs under PIS : M/s. Just Dial Limited
The Reserve Bank of India today notified that M/s. Just Dial 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 upto 49 per cent of its paid up capital. Foreign Institutional Investors can now purchase e
The Reserve Bank of India today notified that M/s. Just Dial 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 upto 49 per cent of its paid up capital. Foreign Institutional Investors can now purchase e
ஜன. 20, 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 2, 2012 to January 6, 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 02/01/2012 970 272 83 126 68 44 1,920 2,747 145 839 206 56 03/01/2012 1,825 516 376 183 127 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 2, 2012 to January 6, 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 02/01/2012 970 272 83 126 68 44 1,920 2,747 145 839 206 56 03/01/2012 1,825 516 376 183 127 1
ஜன. 20, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.3288 and the Reference Rate for Euro is `65.3070 on January 20, 2012. The corresponding rates for the previous day (January 19, 2012) were `50.2890 and `64.6664 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 19, 2012 77.6010 65.53 January
The Reserve Bank of India’s Reference Rate for the US dollar is `50.3288 and the Reference Rate for Euro is `65.3070 on January 20, 2012. The corresponding rates for the previous day (January 19, 2012) were `50.2890 and `64.6664 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 19, 2012 77.6010 65.53 January
ஜன. 19, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.2890 and the Reference Rate for Euro is `64.6664 on January 19, 2012. The corresponding rates for the previous day (January 18, 2012) were `50.6655 and `64.6314 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 18, 2012 77.7209 66.07 January
The Reserve Bank of India’s Reference Rate for the US dollar is `50.2890 and the Reference Rate for Euro is `64.6664 on January 19, 2012. The corresponding rates for the previous day (January 18, 2012) were `50.6655 and `64.6314 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 18, 2012 77.7209 66.07 January
ஜன. 18, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.6655 and the Reference Rate for Euro is `64.6314 on January 18, 2012. The corresponding rates for the previous day (January 17, 2012) were `51.0650 and `64.9998 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 17, 2012 78.4818 66.59 January
The Reserve Bank of India’s Reference Rate for the US dollar is `50.6655 and the Reference Rate for Euro is `64.6314 on January 18, 2012. The corresponding rates for the previous day (January 17, 2012) were `51.0650 and `64.9998 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 17, 2012 78.4818 66.59 January
ஜன. 17, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `51.0650 and the Reference Rate for Euro is `64.9998 on January 17, 2012. The corresponding rates for the previous day (January 16, 2012) were `51.6545 and `65.3173 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 16, 2012 79.0985 67.24 January
The Reserve Bank of India’s Reference Rate for the US dollar is `51.0650 and the Reference Rate for Euro is `64.9998 on January 17, 2012. The corresponding rates for the previous day (January 16, 2012) were `51.6545 and `65.3173 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 16, 2012 79.0985 67.24 January
ஜன. 16, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `51.6545 and the Reference Rate for Euro is `65.3173 on January 16, 2012. The corresponding rates for the previous day (January 13, 2012) were `51.4310 and `66.1743 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 13, 2012 79.1009 67.05 January
The Reserve Bank of India’s Reference Rate for the US dollar is `51.6545 and the Reference Rate for Euro is `65.3173 on January 16, 2012. The corresponding rates for the previous day (January 13, 2012) were `51.4310 and `66.1743 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 13, 2012 79.1009 67.05 January
ஜன. 13, 2012
RBI issues Directions for QFI Investments in Indian Companies and Single-Brand Retail Trading
The Reserve Bank of India today issued detailed guidelines enabling Qualified Foreign Investors (QFIs) investments in Indian companies. The guidelines have been issued under Foreign Exchange Management Act, 1999. It was decided to allow Qualified Foreign Investors (QFIs), that is, non-resident investors other than SEBI registered foreign institutional investors (FIIs) and foreign venture capital investors (FVCIs) to invest in equity shares of Indian companies in order
The Reserve Bank of India today issued detailed guidelines enabling Qualified Foreign Investors (QFIs) investments in Indian companies. The guidelines have been issued under Foreign Exchange Management Act, 1999. It was decided to allow Qualified Foreign Investors (QFIs), that is, non-resident investors other than SEBI registered foreign institutional investors (FIIs) and foreign venture capital investors (FVCIs) to invest in equity shares of Indian companies in order
ஜன. 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 December 26, 2011 to December 30, 2011. 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 26/12/2011 1,280 535 566 85 50 48 2,901 2,064 158 787 432 48 27/12/2011 1,809 950 718 155
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 26, 2011 to December 30, 2011. 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 26/12/2011 1,280 535 566 85 50 48 2,901 2,064 158 787 432 48 27/12/2011 1,809 950 718 155
ஜன. 13, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `51.4310 and the Reference Rate for Euro is `66.1743 on January 13, 2012. The corresponding rates for the previous day (January 12, 2012) were `51.8290 and `65.9013 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 12, 2012 79.4228 67.41 January
The Reserve Bank of India’s Reference Rate for the US dollar is `51.4310 and the Reference Rate for Euro is `66.1743 on January 13, 2012. The corresponding rates for the previous day (January 12, 2012) were `51.8290 and `65.9013 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 12, 2012 79.4228 67.41 January
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