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Foreign Exchange Management Act Announcement
Press Releases
மார். 22, 2007
RBI Reference Rate for US $ and Euro
March 22, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.66 and the Reference Rate for Euro is Rs.58.44 on March 22, 2007. The corresponding rates for the previous day (March 21, 2007) were Rs.43.63 and Rs.58.08 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 March 21, 2007 85.5802 3
March 22, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.66 and the Reference Rate for Euro is Rs.58.44 on March 22, 2007. The corresponding rates for the previous day (March 21, 2007) were Rs.43.63 and Rs.58.08 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 March 21, 2007 85.5802 3
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மார். 22, 2007
Investment by FIIs under PIS : Balrampur Chini Mills Ltd.
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Balrampur Chini Mills Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 60 per cent of the paid up capital of the company, as it has passed resolutions to this effect at the Board of Directors' and the Annual General Meetings.P. V. Sadanand
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Balrampur Chini Mills Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 60 per cent of the paid up capital of the company, as it has passed resolutions to this effect at the Board of Directors' and the Annual General Meetings.P. V. Sadanand
மார். 21, 2007
RBI Reference Rate for US $ and Euro
March 21, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.63 and the Reference Rate for Euro is Rs.58.08 on March 21, 2007. The corresponding rates for the previous day (March 20, 2007) were Rs.43.98 and Rs.58.49 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 March 20, 2007 85.5917 37
March 21, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.63 and the Reference Rate for Euro is Rs.58.08 on March 21, 2007. The corresponding rates for the previous day (March 20, 2007) were Rs.43.98 and Rs.58.49 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 March 20, 2007 85.5917 37
மார். 20, 2007
RBI Reference Rate for US $ and Euro
March 20, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.98 and the Reference Rate for Euro is Rs.58.49 on March 20, 2007. The corresponding rates for the previous day (March 16, 2007) were Rs.44.17 and Rs.58.67 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 March 16, 2007 85.5816 3
March 20, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.98 and the Reference Rate for Euro is Rs.58.49 on March 20, 2007. The corresponding rates for the previous day (March 16, 2007) were Rs.44.17 and Rs.58.67 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 March 16, 2007 85.5816 3
மார். 20, 2007
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 February 26 to March 02, 2007. All Figures are in USD Millions MERCHANT INTER BANK FCY/INRFCY/FCY FCY/INRFCY/FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 26/02/2007 1,115 309 534 444 234 588 2,180 2,561 375 2,671 2,127 54 27/02/2007 815 607 396 528 325 530 1,636
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 26 to March 02, 2007. All Figures are in USD Millions MERCHANT INTER BANK FCY/INRFCY/FCY FCY/INRFCY/FCY Position Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 26/02/2007 1,115 309 534 444 234 588 2,180 2,561 375 2,671 2,127 54 27/02/2007 815 607 396 528 325 530 1,636
மார். 16, 2007
RBI Reference Rate for US $ and Euro
March 16, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.17 and the Reference Rate for Euro is Rs.58.67 on March 16, 2007. The corresponding rates for the previous day (March 15, 2007) were Rs.44.22 and Rs.58.47 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 March 15, 2007 85.5126 37
March 16, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.17 and the Reference Rate for Euro is Rs.58.67 on March 16, 2007. The corresponding rates for the previous day (March 15, 2007) were Rs.44.22 and Rs.58.47 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 March 15, 2007 85.5126 37
மார். 16, 2007
Foreign Exchange Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 19 to February 23, 2007.All Figures are in USD Millions MERCHANT INTER BANK PositionDate Spot FCY/INR Forward ForwardCancel Spot FCY/FCY Forward ForwardCancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 19/02/2007 1,370 419 388 358 723 752 1,935 1,969 203 3,976 1,165 171 20/02/2007 1,558 653 154 697 423
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 19 to February 23, 2007.All Figures are in USD Millions MERCHANT INTER BANK PositionDate Spot FCY/INR Forward ForwardCancel Spot FCY/FCY Forward ForwardCancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 19/02/2007 1,370 419 388 358 723 752 1,935 1,969 203 3,976 1,165 171 20/02/2007 1,558 653 154 697 423
மார். 15, 2007
RBI Reference Rate for US $ and Euro
March 15, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.47 on March 15, 2007. The corresponding rates for the previous day (March 14, 2007) were Rs.44.31 and Rs.58.47 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 March 14, 2007 85.4740 3
March 15, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.47 on March 15, 2007. The corresponding rates for the previous day (March 14, 2007) were Rs.44.31 and Rs.58.47 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 March 14, 2007 85.4740 3
மார். 14, 2007
RBI Reference Rate for US $ and Euro
March 14, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.31 and the Reference Rate for Euro is Rs.58.47 on March 14, 2007. The corresponding rates for the previous day (March 13, 2007) were Rs.44.22 and Rs.58.24 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 March 13, 2007 85.2738 3
March 14, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.31 and the Reference Rate for Euro is Rs.58.47 on March 14, 2007. The corresponding rates for the previous day (March 13, 2007) were Rs.44.22 and Rs.58.24 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 March 13, 2007 85.2738 3
மார். 13, 2007
RBI Reference Rate for US $ and Euro
March 13, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.24 on March 13, 2007. The corresponding rates for the previous day (March 12, 2007) were Rs.44.22 and Rs.58.03 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 March 12, 2007 85.5104 37
March 13, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.24 on March 13, 2007. The corresponding rates for the previous day (March 12, 2007) were Rs.44.22 and Rs.58.03 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 March 12, 2007 85.5104 37
மார். 12, 2007
RBI Reference Rate for US $ and Euro
March 12, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.03 on March 12, 2007. The corresponding rates for the previous day (March 9, 2007) were Rs.44.27 and Rs.58.23 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 March 9, 2007 85.5429 37.
March 12, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.22 and the Reference Rate for Euro is Rs.58.03 on March 12, 2007. The corresponding rates for the previous day (March 9, 2007) were Rs.44.27 and Rs.58.23 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 March 9, 2007 85.5429 37.
மார். 09, 2007
Investment by FIIs under PIS : Northgate Technologies Ltd.
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Northgate Technologies Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 49 per cent of the paid up capital of the company, as it has passed resolutions to this effect at the Board of Directors' and the Annual General Meetings.Ajit Prasad M
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Northgate Technologies Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 49 per cent of the paid up capital of the company, as it has passed resolutions to this effect at the Board of Directors' and the Annual General Meetings.Ajit Prasad M
மார். 09, 2007
RBI Reference Rate for US $ and Euro
March 9, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.27 and the Reference Rate for Euro is Rs.58.23 on March 9, 2007. The corresponding rates for the previous day (March 8, 2007) were Rs.44.44 and Rs.58.54 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 March 8, 2007 85.8959 38.06
March 9, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.27 and the Reference Rate for Euro is Rs.58.23 on March 9, 2007. The corresponding rates for the previous day (March 8, 2007) were Rs.44.44 and Rs.58.54 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 March 8, 2007 85.8959 38.06
மார். 08, 2007
RBI Reference Rate for US $ and Euro
March 8, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.44 and the Reference Rate for Euro is Rs.58.54 on March 8, 2007. The corresponding rates for the previous day (March 7, 2007) were Rs.44.50 and Rs.58.39 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 March 7, 2007 85.8650 38.23
March 8, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.44 and the Reference Rate for Euro is Rs.58.54 on March 8, 2007. The corresponding rates for the previous day (March 7, 2007) were Rs.44.50 and Rs.58.39 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 March 7, 2007 85.8650 38.23
மார். 07, 2007
Investment by FIIs under PIS : ERA Construction (India) Ltd.
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of ERA Construction (India) Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 40 per cent of the paid up capital of the company, as it has passed resolution to this effect at the Board of Directors' meeting and a special resolution passed by w
The Reserve Bank of India has today notified that under Portfolio Investment Scheme (PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of ERA Construction (India) Ltd., through primary markets and stock exchanges in India. The purchases can be made upto 40 per cent of the paid up capital of the company, as it has passed resolution to this effect at the Board of Directors' meeting and a special resolution passed by w
மார். 07, 2007
RBI Reference Rate for US $ and Euro
March 7, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.50 and the Reference Rate for Euro is Rs.58.39 on March 7, 2007. The corresponding rates for the previous day (March 6, 2007) were Rs.44.56 and Rs.58.40 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 March 6, 2007 85.7981 38.30
March 7, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.50 and the Reference Rate for Euro is Rs.58.39 on March 7, 2007. The corresponding rates for the previous day (March 6, 2007) were Rs.44.56 and Rs.58.40 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 March 6, 2007 85.7981 38.30
மார். 06, 2007
Investment by FIIs under PIS : Patni Computers Ltd.
The Reserve Bank of India has today notified that no further purchases of equity shares of Patni Computers Ltd., should be made on behalf of Foreign Institutional Investors (FIIs) through primary and secondary markets in India without obtaining the prior permission of the Reserve Bank. The Reserve Bank has stated that Patni Computers Ltd., has reached the limit of 22 per cent of its paid up capital. P. V. Sadanandan Manager Press Release : 2006-2007/1198
The Reserve Bank of India has today notified that no further purchases of equity shares of Patni Computers Ltd., should be made on behalf of Foreign Institutional Investors (FIIs) through primary and secondary markets in India without obtaining the prior permission of the Reserve Bank. The Reserve Bank has stated that Patni Computers Ltd., has reached the limit of 22 per cent of its paid up capital. P. V. Sadanandan Manager Press Release : 2006-2007/1198
மார். 06, 2007
RBI Reference Rate for US $ and Euro
March 6, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.56 and the Reference Rate for Euro is Rs.58.40 on March 6, 2007. The corresponding rates for the previous day (March 5, 2007) were Rs.44.49 and Rs.58.53 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 March 5, 2007 85.7122 38.46
March 6, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.56 and the Reference Rate for Euro is Rs.58.40 on March 6, 2007. The corresponding rates for the previous day (March 5, 2007) were Rs.44.49 and Rs.58.53 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 March 5, 2007 85.7122 38.46
மார். 05, 2007
RBI Reference Rate for US $ and Euro
March 5, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.49 and the Reference Rate for Euro is Rs.58.53 on March 5, 2007. The corresponding rates for the previous day (March 2, 2007) were Rs.44.28 and Rs.58.32 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 March 2, 2007 86.6294 37.64
March 5, 2007 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.49 and the Reference Rate for Euro is Rs.58.53 on March 5, 2007. The corresponding rates for the previous day (March 2, 2007) were Rs.44.28 and Rs.58.32 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 March 2, 2007 86.6294 37.64
மார். 02, 2007
RBI Reference Rate for US $ and Euro
March 2, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.28 and the Reference Rate for Euro is Rs.58.32 on March 2, 2007. The corresponding rates for the previous day (March 1, 2007) were Rs.44.27 and Rs.58.53 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 March 1, 2007 86.8732 37.43
March 2, 2007The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.28 and the Reference Rate for Euro is Rs.58.32 on March 2, 2007. The corresponding rates for the previous day (March 1, 2007) were Rs.44.27 and Rs.58.53 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 March 1, 2007 86.8732 37.43
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