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Foreign Exchange Management Act Announcement
Press Releases
மே 28, 2010
Do Not fall Prey to Fictitious Offers of Funds Transfer: RBI Advisory
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
பிடிஎஃப் (
மே 28, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.57.38 on May 28, 2010. The corresponding rates for the previous day (May 26, 2010) were Rs.47.57 and Rs.58.43 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 26, 2010 68.3843 52.71 May 28, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.57.38 on May 28, 2010. The corresponding rates for the previous day (May 26, 2010) were Rs.47.57 and Rs.58.43 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 26, 2010 68.3843 52.71 May 28, 2010 67.
மே 26, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.57 and the Reference Rate for Euro is Rs.58.43 on May 26, 2010. The corresponding rates for the previous day (May 25, 2010) were Rs.47.40 and Rs.58.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 25, 2010 67.9621 52.82 May 26, 2010 68.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.57 and the Reference Rate for Euro is Rs.58.43 on May 26, 2010. The corresponding rates for the previous day (May 25, 2010) were Rs.47.40 and Rs.58.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 25, 2010 67.9621 52.82 May 26, 2010 68.
மே 25, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.40 and the Reference Rate for Euro is Rs.58.19 on May 25, 2010. The corresponding rates for the previous day (May 24, 2010) were Rs.46.67 and Rs.58.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 24, 2010 67.6435 51.65 May 25, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.40 and the Reference Rate for Euro is Rs.58.19 on May 25, 2010. The corresponding rates for the previous day (May 24, 2010) were Rs.46.67 and Rs.58.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 24, 2010 67.6435 51.65 May 25, 2010 67.
மே 24, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.67 and the Reference Rate for Euro is Rs.58.38 on May 24, 2010. The corresponding rates for the previous day (May 21, 2010) were Rs.46.95 and Rs.59.03 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 21, 2010 67.6643 52.06 May 24, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.67 and the Reference Rate for Euro is Rs.58.38 on May 24, 2010. The corresponding rates for the previous day (May 21, 2010) were Rs.46.95 and Rs.59.03 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 21, 2010 67.6643 52.06 May 24, 2010 67.
மே 21, 2010
Investment by FIIs under PIS : M/s. Hathway Cables & Datacom Limited
The Reserve Bank of India today notified that M/s. Hathway Cables & Datacom Limited has agreed for raising the aggregate ceiling 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 up to 49 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and by a special resolution by its s
The Reserve Bank of India today notified that M/s. Hathway Cables & Datacom Limited has agreed for raising the aggregate ceiling 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 up to 49 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and by a special resolution by its s
மே 21, 2010
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 May 3, 2010 to May 7, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 03/05/2010 1,994 869 604 256 673 569 5,192 3,321 301 3,029 844 314 04/05/2010 1,698 806 483 91 1,098 1,102 5,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 3, 2010 to May 7, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 03/05/2010 1,994 869 604 256 673 569 5,192 3,321 301 3,029 844 314 04/05/2010 1,698 806 483 91 1,098 1,102 5,
மே 21, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.95 and the Reference Rate for Euro is Rs.59.03 on May 21, 2010. The corresponding rates for the previous day (May 20, 2010) were Rs.46.75 and Rs.57.69 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 20, 2010 66.9998 51.36 May 21, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.95 and the Reference Rate for Euro is Rs.59.03 on May 21, 2010. The corresponding rates for the previous day (May 20, 2010) were Rs.46.75 and Rs.57.69 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 20, 2010 66.9998 51.36 May 21, 2010 67.
மே 20, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.75 and the Reference Rate for Euro is Rs.57.69 on May 20, 2010. The corresponding rates for the previous day (May 19, 2010) were Rs.46.00 and Rs.56.07 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 19, 2010 65.8743 50.00 May 20, 2010 66.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.75 and the Reference Rate for Euro is Rs.57.69 on May 20, 2010. The corresponding rates for the previous day (May 19, 2010) were Rs.46.00 and Rs.56.07 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 19, 2010 65.8743 50.00 May 20, 2010 66.
மே 19, 2010
Data on ECB/FCCB for April 2010
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 April 2010. J.D. Desai Assistant Manager Press Release : 2009-2010/1559
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 April 2010. J.D. Desai Assistant Manager Press Release : 2009-2010/1559
மே 19, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.00 and the Reference Rate for Euro is Rs.56.07 on May 19, 2010. The corresponding rates for the previous day (May 18, 2010) were Rs.45.55 and Rs.56.37 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 18, 2010 65.9268 49.16 May 19, 2010 65.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.00 and the Reference Rate for Euro is Rs.56.07 on May 19, 2010. The corresponding rates for the previous day (May 18, 2010) were Rs.45.55 and Rs.56.37 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 18, 2010 65.9268 49.16 May 19, 2010 65.
மே 18, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.55 and the Reference Rate for Euro is Rs.56.37 on May 18, 2010. The corresponding rates for the previous day (May 17, 2010) were Rs.45.72 and Rs.56.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 17, 2010 65.6471 49.66 May 18, 2010 65.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.55 and the Reference Rate for Euro is Rs.56.37 on May 18, 2010. The corresponding rates for the previous day (May 17, 2010) were Rs.45.72 and Rs.56.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 17, 2010 65.6471 49.66 May 18, 2010 65.
மே 17, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.72 and the Reference Rate for Euro is Rs.56.19 on May 17, 2010. The corresponding rates for the previous day (May 14, 2010) were Rs.45.10 and Rs.56.57 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 14, 2010 65.6859 48.59 May 17, 2010 65.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.72 and the Reference Rate for Euro is Rs.56.19 on May 17, 2010. The corresponding rates for the previous day (May 14, 2010) were Rs.45.10 and Rs.56.57 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 14, 2010 65.6859 48.59 May 17, 2010 65.
மே 14, 2010
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 April 26, 2010 to April 30, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 26/04/2010 2,751 532 561 165 764 593 6,784 4,819 652 3,656 1,007 102 27/04/2010 2,260 797 891 99 675 60
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period April 26, 2010 to April 30, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 26/04/2010 2,751 532 561 165 764 593 6,784 4,819 652 3,656 1,007 102 27/04/2010 2,260 797 891 99 675 60
மே 14, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.10 and the Reference Rate for Euro is Rs.56.57 on May 14, 2010. The corresponding rates for the previous day (May 13, 2010) were Rs.44.99 and Rs.56.98 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 13, 2010 66.9091 48.18 May 14, 2010 65.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.10 and the Reference Rate for Euro is Rs.56.57 on May 14, 2010. The corresponding rates for the previous day (May 13, 2010) were Rs.44.99 and Rs.56.98 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 13, 2010 66.9091 48.18 May 14, 2010 65.
மே 13, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.99 and the Reference Rate for Euro is Rs.56.98 on May 13, 2010. The corresponding rates for the previous day (May 12, 2010) were Rs.45.33 and Rs.57.28 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 12, 2010 67.5213 48.93 May 13, 2010 66.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.99 and the Reference Rate for Euro is Rs.56.98 on May 13, 2010. The corresponding rates for the previous day (May 12, 2010) were Rs.45.33 and Rs.57.28 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 12, 2010 67.5213 48.93 May 13, 2010 66.
மே 12, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.33 and the Reference Rate for Euro is Rs.57.28 on May 12, 2010. The corresponding rates for the previous day (May 11, 2010) were Rs.45.14 and Rs.57.28 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 11, 2010 66.6808 48.81 May 12, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.33 and the Reference Rate for Euro is Rs.57.28 on May 12, 2010. The corresponding rates for the previous day (May 11, 2010) were Rs.45.14 and Rs.57.28 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 11, 2010 66.6808 48.81 May 12, 2010 67.
மே 11, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.14 and the Reference Rate for Euro is Rs.57.28 on May 11, 2010. The corresponding rates for the previous day (May 10, 2010) were Rs.44.96 and Rs.58.34 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 10, 2010 66.8600 48.36 May 11, 2010 66.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.14 and the Reference Rate for Euro is Rs.57.28 on May 11, 2010. The corresponding rates for the previous day (May 10, 2010) were Rs.44.96 and Rs.58.34 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 10, 2010 66.8600 48.36 May 11, 2010 66.
மே 10, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.96 and the Reference Rate for Euro is Rs.58.34 on May 10, 2010. The corresponding rates for the previous day (May 7, 2010) were Rs.45.58 and Rs.57.81 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 7, 2010 67.0505 49.52 May 10, 2010 66.86
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.96 and the Reference Rate for Euro is Rs.58.34 on May 10, 2010. The corresponding rates for the previous day (May 7, 2010) were Rs.45.58 and Rs.57.81 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 7, 2010 67.0505 49.52 May 10, 2010 66.86
மே 07, 2010
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 April 19, 2010 to April 23, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 19/04/2010 2,050 1,404 870 180 636 785 5,910 4,618 502 4,030 1,107 131 20/04/2010 1,959 995 865 130 572
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period April 19, 2010 to April 23, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 19/04/2010 2,050 1,404 870 180 636 785 5,910 4,618 502 4,030 1,107 131 20/04/2010 1,959 995 865 130 572
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