Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Feb 04, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8093 on February 04, 2016. The corresponding rate for the previous day (February 03, 2016) was ₹ 68.1825. 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 February 03, 2016 February 04, 2016 1 EUR 74.4553 75.1327 1 GBP 98.3192 98.7914 100 YEN 56.98 57.42 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8093 on February 04, 2016. The corresponding rate for the previous day (February 03, 2016) was ₹ 68.1825. 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 February 03, 2016 February 04, 2016 1 EUR 74.4553 75.1327 1 GBP 98.3192 98.7914 100 YEN 56.98 57.42 Note : The SD
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Feb 03, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.1825 on February 03, 2016. The corresponding rate for the previous day (February 02, 2016) was ₹ 67.8340. 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 February 02, 2016 February 03, 2016 1 EUR 73.9323 74.4553 1 GBP 97.6131 98.3192 100 YEN 56.21 56.98 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.1825 on February 03, 2016. The corresponding rate for the previous day (February 02, 2016) was ₹ 67.8340. 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 February 02, 2016 February 03, 2016 1 EUR 73.9323 74.4553 1 GBP 97.6131 98.3192 100 YEN 56.21 56.98 Note : The SD
Feb 02, 2016
RBI announces Regulatory Relaxations for Startups
In paragraph 14 of the Sixth Bi-monthly Monetary Policy Statement for 2015-16 released today, the Governor highlighted the steps being taken by the Reserve Bank of India, in keeping with the Government’s initiatives to promote the ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of the start-up enterprises. The details are: The following regulatory changes for easing the cross-border transactions,
In paragraph 14 of the Sixth Bi-monthly Monetary Policy Statement for 2015-16 released today, the Governor highlighted the steps being taken by the Reserve Bank of India, in keeping with the Government’s initiatives to promote the ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of the start-up enterprises. The details are: The following regulatory changes for easing the cross-border transactions,
Feb 02, 2016
FIIs/RFPIs can now invest up to 100 per cent under PIS in M/s Vertex Securities Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 100 per cent of the paid up capital of M/s Vertex Securities Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 100 per cent of the paid up capital of M/s Vertex Securities Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of
Feb 02, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8340 on February 02, 2016. The corresponding rate for the previous day (February 01, 2016) was ₹ 67.6728. 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 February 01, 2016 February 02, 2016 1 EUR 73.4115 73.9323 1 GBP 96.5149 97.6131 100 YEN 55.78 56.21 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8340 on February 02, 2016. The corresponding rate for the previous day (February 01, 2016) was ₹ 67.6728. 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 February 01, 2016 February 02, 2016 1 EUR 73.4115 73.9323 1 GBP 96.5149 97.6131 100 YEN 55.78 56.21 Note : The SD
Feb 01, 2016
RBI asks Banks to file FDI related Forms Online from February 8
The Reserve Bank of India has today asked authorised dealers (AD) Category - I banks to mandatorily file, from February 8, 2016, forms Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route(FC-GPR) and Foreign Collaboration Transfer of Shares (FC-TRS) only through online mode on e-Biz portal. Physical filing of these forms will be discontinued from February 8, 2016. At present, the facility for online filing of ARF, FC-GPR and FC-TRS forms rela
The Reserve Bank of India has today asked authorised dealers (AD) Category - I banks to mandatorily file, from February 8, 2016, forms Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route(FC-GPR) and Foreign Collaboration Transfer of Shares (FC-TRS) only through online mode on e-Biz portal. Physical filing of these forms will be discontinued from February 8, 2016. At present, the facility for online filing of ARF, FC-GPR and FC-TRS forms rela
Feb 01, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.6728 on February 01, 2016. The corresponding rate for the previous day (January 29, 2016) was ₹ 67.8763. 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 January 29, 2016 February 01, 2016 1 EUR 74.0666 73.4115 1 GBP 97.7554 96.5149 100 YEN 56.26 55.78 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.6728 on February 01, 2016. The corresponding rate for the previous day (January 29, 2016) was ₹ 67.8763. 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 January 29, 2016 February 01, 2016 1 EUR 74.0666 73.4115 1 GBP 97.7554 96.5149 100 YEN 56.26 55.78 Note : The SDR-
Jan 29, 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 January 18, 2016 to January 22, 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 18-01-2016 1,381 746 805 145 201 170 6,963 2,179 354 2,506 577 9 19-01-2016 1,939 856 810 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 18, 2016 to January 22, 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 18-01-2016 1,381 746 805 145 201 170 6,963 2,179 354 2,506 577 9 19-01-2016 1,939 856 810 1
Jan 29, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8763 on January 29, 2016. The corresponding rate for the previous day (January 28, 2016) was ₹ 68.0858. 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 January 28, 2016 January 29, 2016 1 EUR 74.0637 74.0666 1 GBP 97.0155 97.7554 100 YEN 57.36 56.26 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8763 on January 29, 2016. The corresponding rate for the previous day (January 28, 2016) was ₹ 68.0858. 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 January 28, 2016 January 29, 2016 1 EUR 74.0637 74.0666 1 GBP 97.0155 97.7554 100 YEN 57.36 56.26 Note : The SDR-Ru
Jan 28, 2016
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s PC Jeweller Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s PC Jeweller Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equ
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s PC Jeweller Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equ
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