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Foreign Exchange Management Act Announcement
Press Releases
ஆக. 22, 2006
RBI Reference Rate for US $ and Euro
August 22, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.59.90 on August 22, 2006. The corresponding rates for the previous day (August 21, 2006) were Rs.46.45 and Rs.59.78 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 August 21, 2006 87.56
August 22, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.59.90 on August 22, 2006. The corresponding rates for the previous day (August 21, 2006) were Rs.46.45 and Rs.59.78 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 August 21, 2006 87.56
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ஆக. 22, 2006
Data on ECB/FCCB for June 2006
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of June 2006 as shown in the Annex I and II. P.V.Sadanandan Manager Press Release : 2006-2007/262 Annex I Data on External Commercial Borrowings / FCCB – June 2006 I. Automatic Route* Sr. No. ECB / FCCB Borrower Equivalent Amount in USD Purpose Maturity Period (
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of June 2006 as shown in the Annex I and II. P.V.Sadanandan Manager Press Release : 2006-2007/262 Annex I Data on External Commercial Borrowings / FCCB – June 2006 I. Automatic Route* Sr. No. ECB / FCCB Borrower Equivalent Amount in USD Purpose Maturity Period (
ஆக. 21, 2006
RBI Reference Rate for US $ and Euro
August 21, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.45 and the Reference Rate for Euro is Rs.59.78 on August 21, 2006. The corresponding rates for the previous day (August 18, 2006) were Rs.46.48 and Rs.59.66 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 August 18, 2006 87.61
August 21, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.45 and the Reference Rate for Euro is Rs.59.78 on August 21, 2006. The corresponding rates for the previous day (August 18, 2006) were Rs.46.48 and Rs.59.66 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 August 18, 2006 87.61
ஆக. 18, 2006
RBI Reference Rate for US $ and Euro
August 18, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.48 and the Reference Rate for Euro is Rs.59.66 on August 18, 2006. The corresponding rates for the previous day (August 17, 2006) were Rs.46.46 and Rs.59.72 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 August 17, 2006 88.15
August 18, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.48 and the Reference Rate for Euro is Rs.59.66 on August 18, 2006. The corresponding rates for the previous day (August 17, 2006) were Rs.46.46 and Rs.59.72 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 August 17, 2006 88.15
ஆக. 17, 2006
RBI Reference Rate for US $ and Euro
August 17, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.46 and the Reference Rate for Euro is Rs.59.72 on August 17, 2006. The corresponding rates for the previous day (August 16, 2006) were Rs.46.55 and Rs.59.54 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 August 16, 2006 88.13
August 17, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.46 and the Reference Rate for Euro is Rs.59.72 on August 17, 2006. The corresponding rates for the previous day (August 16, 2006) were Rs.46.55 and Rs.59.54 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 August 16, 2006 88.13
ஆக. 17, 2006
Monitoring of investment by FIIs under PIS - Logix Microsystems Ltd
The Reserve Bank of India on August 17, 2006 has notified that the aggregate share holding of Foreign Institutional Investors (FIIs) with Logix Microsystems Ltd. has reached the overall limit of 24 per cent of its paid up capital. The Reserve Bank has stated that no further purchases of shares of Logix Microsystems Ltd., on behalf of FIIs would be allowed through stock exchanges in India. P.V.Sadanandan Manager Press Release: 2006-2007/ 237
The Reserve Bank of India on August 17, 2006 has notified that the aggregate share holding of Foreign Institutional Investors (FIIs) with Logix Microsystems Ltd. has reached the overall limit of 24 per cent of its paid up capital. The Reserve Bank has stated that no further purchases of shares of Logix Microsystems Ltd., on behalf of FIIs would be allowed through stock exchanges in India. P.V.Sadanandan Manager Press Release: 2006-2007/ 237
ஆக. 16, 2006
Data on ECB/FCCB for the April and May 2006
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the months of April and May 2006. P.V.Sadanandan Manager PRESS RELEASE : 2006-2007/232
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the months of April and May 2006. P.V.Sadanandan Manager PRESS RELEASE : 2006-2007/232
ஆக. 16, 2006
RBI Reference Rate for US $ and Euro
August 16, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.55 and the Reference Rate for Euro is Rs.59.54 on August 16, 2006. The corresponding rates for the previous day (August 14, 2006) were Rs.46.56 and Rs.59.36 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 August 14, 2006 88.13
August 16, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.55 and the Reference Rate for Euro is Rs.59.54 on August 16, 2006. The corresponding rates for the previous day (August 14, 2006) were Rs.46.56 and Rs.59.36 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 August 14, 2006 88.13
ஆக. 14, 2006
RBI Reference Rate for US $ and Euro
August 14, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.56 and the Reference Rate for Euro is Rs.59.36 on August 14, 2006. The corresponding rates for the previous day (August 11, 2006) were Rs.46.52 and Rs.59.34 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 August 11, 2006 87.97
August 14, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.56 and the Reference Rate for Euro is Rs.59.36 on August 14, 2006. The corresponding rates for the previous day (August 11, 2006) were Rs.46.52 and Rs.59.34 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 August 11, 2006 87.97
ஆக. 11, 2006
RBI Reference Rate for US $ and Euro
August 11, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.59.34 on August 11, 2006. The corresponding rates for the previous day (August 10, 2006) were Rs.46.43 and Rs.59.84 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 August 10, 2006 88.54
August 11, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.59.34 on August 11, 2006. The corresponding rates for the previous day (August 10, 2006) were Rs.46.43 and Rs.59.84 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 August 10, 2006 88.54
ஆக. 10, 2006
RBI Reference Rate for US $ and Euro
August 10, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.43 and the Reference Rate for Euro is Rs.59.84 on August 10, 2006. The corresponding rates for the previous day (August 9, 2006) were Rs.46.53 and Rs.59.67 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 August 9, 2006 88.6094
August 10, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.43 and the Reference Rate for Euro is Rs.59.84 on August 10, 2006. The corresponding rates for the previous day (August 9, 2006) were Rs.46.53 and Rs.59.67 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 August 9, 2006 88.6094
ஆக. 10, 2006
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 July 24 to July 28, 2006. All Figures are in USD Millions MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 24/07/06 800 514 262 282 416 323 2,478 1,807 101 1,859 996 12 25/07/06 943 366 155 173 312 376 2,017 2,168 63 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 24 to July 28, 2006. All Figures are in USD Millions MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 24/07/06 800 514 262 282 416 323 2,478 1,807 101 1,859 996 12 25/07/06 943 366 155 173 312 376 2,017 2,168 63 1
ஆக. 09, 2006
RBI Reference Rate for US $ and Euro
August 9, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.53 and the Reference Rate for Euro is Rs.59.67 on August 9, 2006. The corresponding rates for the previous day (August 8, 2006) were Rs.46.59 and Rs.59.74 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 August 8, 2006 88.7703 4
August 9, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.53 and the Reference Rate for Euro is Rs.59.67 on August 9, 2006. The corresponding rates for the previous day (August 8, 2006) were Rs.46.59 and Rs.59.74 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 August 8, 2006 88.7703 4
ஆக. 08, 2006
RBI Reference Rate for US $ and Euro
August 8, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.59 and the Reference Rate for Euro is Rs.59.74 on August 8, 2006. The corresponding rates for the previous day (August 7, 2006) were Rs.46.49 and Rs.59.88 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 August 7, 2006 88.6704 4
August 8, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.59 and the Reference Rate for Euro is Rs.59.74 on August 8, 2006. The corresponding rates for the previous day (August 7, 2006) were Rs.46.49 and Rs.59.88 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 August 7, 2006 88.6704 4
ஆக. 07, 2006
RBI Reference Rate for US $ and Euro
August 7, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.49 and the Reference Rate for Euro is Rs.59.88 on August 7, 2006. The corresponding rates for the previous day (August 4, 2006) were Rs.46.54 and Rs.59.55 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 August 4, 2006 87.7675 4
August 7, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.49 and the Reference Rate for Euro is Rs.59.88 on August 7, 2006. The corresponding rates for the previous day (August 4, 2006) were Rs.46.54 and Rs.59.55 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 August 4, 2006 87.7675 4
ஆக. 04, 2006
RBI Reference Rate for US $ and Euro
August 4, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.59.55 on August 4, 2006. The corresponding rates for the previous day (August 3, 2006) were Rs.46.72 and Rs.59.61 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 August 3, 2006 87.6771 4
August 4, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.59.55 on August 4, 2006. The corresponding rates for the previous day (August 3, 2006) were Rs.46.72 and Rs.59.61 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 August 3, 2006 87.6771 4
ஆக. 04, 2006
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 July 17 to July 21, 2006. All Figures are in USD Millions MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 17/7/06 1,062 740 311 231 292 386 3,070 2,048 117 2,181 675 29 18/7/06 832 663 177 173 495 634 2,691 2,088 56 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 17 to July 21, 2006. All Figures are in USD Millions MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 17/7/06 1,062 740 311 231 292 386 3,070 2,048 117 2,181 675 29 18/7/06 832 663 177 173 495 634 2,691 2,088 56 2
ஆக. 04, 2006
Investment by FIIs/NRIs/ PIOs under PIS : Television Eighteen India Ltd
The Reserve Bank of India on August 4, 2006 has notified that no further purchases of equity shares of Television Eighteen India Ltd., should be made on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) through stock exchanges in India. The Reserve Bank has stated that Television Eighteen India Ltd., has reached the overall limit of 26 per cent of its paid up equity capital. Ajit Prasad Manager Press Relea
The Reserve Bank of India on August 4, 2006 has notified that no further purchases of equity shares of Television Eighteen India Ltd., should be made on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) through stock exchanges in India. The Reserve Bank has stated that Television Eighteen India Ltd., has reached the overall limit of 26 per cent of its paid up equity capital. Ajit Prasad Manager Press Relea
ஆக. 03, 2006
Investment by FIIs under PIS : The South Indian Bank Ltd
The Reserve Bank of India has notified on August 3, 2006 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares of The South Indian Bank Ltd., through primary and secondary markets in India upto 49 per cent limits of its paid up capital, as the bank has passed a resolution to this effect at its Board of Directors' and a special resolution in its General Body Meeting. P.V.Sadanandan Manager Press Release: 2006
The Reserve Bank of India has notified on August 3, 2006 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares of The South Indian Bank Ltd., through primary and secondary markets in India upto 49 per cent limits of its paid up capital, as the bank has passed a resolution to this effect at its Board of Directors' and a special resolution in its General Body Meeting. P.V.Sadanandan Manager Press Release: 2006
ஆக. 03, 2006
RBI Reference Rate for US $ and Euro
August 3, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.72 and the Reference Rate for Euro is Rs.59.61 on August 3, 2006. The corresponding rates for the previous day (August 2, 2006) were Rs.46.56 and Rs.59.67 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 August 2, 2006 87.3605 4
August 3, 2006 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.72 and the Reference Rate for Euro is Rs.59.61 on August 3, 2006. The corresponding rates for the previous day (August 2, 2006) were Rs.46.56 and Rs.59.67 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 August 2, 2006 87.3605 4
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