Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Oct 03, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5330 on October 03, 2016. The corresponding rate for the previous day (September 30, 2016) was ₹ 66.6596. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 30, 2016 October 03, 2016 1 EUR 74.7521 74.7166 1 GBP 86.4242 85.8675 100 YEN 66.05 65.70 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5330 on October 03, 2016. The corresponding rate for the previous day (September 30, 2016) was ₹ 66.6596. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 30, 2016 October 03, 2016 1 EUR 74.7521 74.7166 1 GBP 86.4242 85.8675 100 YEN 66.05 65.70 Note : The SD
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Sep 30, 2016
RBI seeks Feedback on Draft Framework for approving Indian Parties investing in Overseas Startups through Overseas Technology Fund
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the proposed draft framework for according approval to Indian parties investing in overseas startups through an overseas technology fund under the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004, as amended from time to time. Comments/ feedback on the draft framework may be e-mailed on or before October 12, 2016.Background The Reserve Bank h
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the proposed draft framework for according approval to Indian parties investing in overseas startups through an overseas technology fund under the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004, as amended from time to time. Comments/ feedback on the draft framework may be e-mailed on or before October 12, 2016.Background The Reserve Bank h
Sep 30, 2016
M/s Adani Ports and Special Economic Zone Limited raises Foreign Investment limit from 40 percent to 49 percent: RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 49 per cent of the paid up capital of M/s Adani Ports and Special Economic Zone Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholder
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 49 per cent of the paid up capital of M/s Adani Ports and Special Economic Zone Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholder
Sep 30, 2016
M/s Multi Commodity Exchange of India Limited raises Foreign Investment limit from 24 percent to 34 percent: RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 34 per cent of the paid up capital of M/s Multi Commodity Exchange of India Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders ha
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 34 per cent of the paid up capital of M/s Multi Commodity Exchange of India Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders ha
Sep 30, 2016
India’s External Debt as at the end of June 2016
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2016 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2016 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
Sep 30, 2016
India’s International Investment Position (IIP), June 2016
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
Sep 30, 2016
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 September 19, 2016 to September 23, 2016. 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 19-09-2016 4,033 585 405 210 208 258 7,667 7,024 683 2,955 1,151 516 20-09-2016 2,712 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 19, 2016 to September 23, 2016. 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 19-09-2016 4,033 585 405 210 208 258 7,667 7,024 683 2,955 1,151 516 20-09-2016 2,712 1
Sep 30, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6596 on September 30, 2016. The corresponding rate for the previous day (September 29, 2016) was ₹ 66.5521. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 29, 2016 September 30, 2016 1 EUR 74.6848 74.7521 1 GBP 86.6109 86.4242 100 YEN 65.43 66.05 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6596 on September 30, 2016. The corresponding rate for the previous day (September 29, 2016) was ₹ 66.5521. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 29, 2016 September 30, 2016 1 EUR 74.6848 74.7521 1 GBP 86.6109 86.4242 100 YEN 65.43 66.05 Note : Th
Sep 29, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5521 on September 29, 2016. The corresponding rate for the previous day (September 28, 2016) was ₹ 66.4482. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 28, 2016 September 29, 2016 1 EUR 74.4552 74.6848 1 GBP 86.4823 86.6109 100 YEN 66.09 65.43 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5521 on September 29, 2016. The corresponding rate for the previous day (September 28, 2016) was ₹ 66.4482. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 28, 2016 September 29, 2016 1 EUR 74.4552 74.6848 1 GBP 86.4823 86.6109 100 YEN 66.09 65.43 Note : Th
Sep 28, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4482 on September 28, 2016. The corresponding rate for the previous day (September 27, 2016) was ₹ 66.4627. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 27, 2016 September 28, 2016 1 EUR 74.7373 74.4552 1 GBP 86.3417 86.4823 100 YEN 65.84 66.09 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4482 on September 28, 2016. The corresponding rate for the previous day (September 27, 2016) was ₹ 66.4627. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 27, 2016 September 28, 2016 1 EUR 74.7373 74.4552 1 GBP 86.3417 86.4823 100 YEN 65.84 66.09 Note : Th
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