Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Apr 21, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.3350 and the Reference Rate for Euro is `83.3835 on April 21, 2014. The corresponding rates for the previous day (April 17, 2014) were `60.3805 and `83.5737 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 17, 2014 April 21, 2014 1 GBP 101.6325 101.4050
The Reserve Bank of India’s Reference Rate for the US dollar is `60.3350 and the Reference Rate for Euro is `83.3835 on April 21, 2014. The corresponding rates for the previous day (April 17, 2014) were `60.3805 and `83.5737 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 17, 2014 April 21, 2014 1 GBP 101.6325 101.4050
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Apr 17, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.3805 and the Reference Rate for Euro is `83.5737 on April 17, 2014. The corresponding rates for the previous day (April 16, 2014) were `60.2263 and `83.2910 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 16, 2014 April 17, 2014 1 GBP 100.7887 101.6325
The Reserve Bank of India’s Reference Rate for the US dollar is `60.3805 and the Reference Rate for Euro is `83.5737 on April 17, 2014. The corresponding rates for the previous day (April 16, 2014) were `60.2263 and `83.2910 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 16, 2014 April 17, 2014 1 GBP 100.7887 101.6325
Apr 16, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2263 and the Reference Rate for Euro is `83.2910 on April 16, 2014. The corresponding rates for the previous day (April 15, 2014) were `60.2620 and `83.2700 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 15, 2014 April 16, 2014 1 GBP 100.7099 100.7887
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2263 and the Reference Rate for Euro is `83.2910 on April 16, 2014. The corresponding rates for the previous day (April 15, 2014) were `60.2620 and `83.2700 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 15, 2014 April 16, 2014 1 GBP 100.7099 100.7887
Apr 15, 2014
Increase in Foreign investment limit/ceiling in an Indian Company under PIS-FIIs - M/s Jubilant FoodWorks Limited
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 55 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Jubilant FoodWorks Limited under the Portfolio Investment Scheme (PIS). M/s Jubilant FoodWorks Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing for enhancing the l
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 55 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Jubilant FoodWorks Limited under the Portfolio Investment Scheme (PIS). M/s Jubilant FoodWorks Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing for enhancing the l
Apr 15, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2620 and the Reference Rate for Euro is `83.2700 on April 15, 2014. The corresponding rates for the previous day (April 11, 2014) were `60.2670 and `83.7385 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 11, 2014 April 15, 2014 1 GBP 101.0979 100.7099
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2620 and the Reference Rate for Euro is `83.2700 on April 15, 2014. The corresponding rates for the previous day (April 11, 2014) were `60.2670 and `83.7385 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 11, 2014 April 15, 2014 1 GBP 101.0979 100.7099
Apr 11, 2014
Overseas Direct Investment for March 2014
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of March 2014. Nayana Dhuru Assistant Manager Press Release: 2013-2014/2014
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of March 2014. Nayana Dhuru Assistant Manager Press Release: 2013-2014/2014
Apr 11, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2670 and the Reference Rate for Euro is `83.7385 on April 11, 2014. The corresponding rates for the previous day (April 10, 2014) were `60.2115 and `83.3340 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 10, 2014 April 11, 2014 1 GBP 101.0469 101.0979
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2670 and the Reference Rate for Euro is `83.7385 on April 11, 2014. The corresponding rates for the previous day (April 10, 2014) were `60.2115 and `83.3340 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 10, 2014 April 11, 2014 1 GBP 101.0469 101.0979
Apr 10, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Incorporation in Caution List-FIIs/NRI/PIO/FDI/ADR/GDRs : M/s Induslnd Bank Ltd.
The Reserve Bank of India has today notified that the foreign share holding through Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)/Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipts (GDRs) in M/s Induslnd Bank Ltd. has reached the trigger limit. Hence, further purchases of equity shares of M/s Induslnd Bank Ltd. would be allowed only after obtaining prior approval of the Rese
The Reserve Bank of India has today notified that the foreign share holding through Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)/Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipts (GDRs) in M/s Induslnd Bank Ltd. has reached the trigger limit. Hence, further purchases of equity shares of M/s Induslnd Bank Ltd. would be allowed only after obtaining prior approval of the Rese
Apr 10, 2014
Monitoring of Foreign Investment by NRIs/PIOs under PIS in Indian Companies: M/s Alfa Transformers Ltd. in Caution List
The Reserve Bank of India has today notified that the foreign share holding in M/s Alfa Transformers Ltd. by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 8 per cent. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release: 2013-2014/2000
The Reserve Bank of India has today notified that the foreign share holding in M/s Alfa Transformers Ltd. by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 8 per cent. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release: 2013-2014/2000
Apr 10, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2115 and the Reference Rate for Euro is `83.3340 on April 10, 2014. The corresponding rates for the previous day (April 09, 2014) were `60.0740 and `82.7896 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 09, 2014 April 10, 2014 1 GBP 100.5639 101.0469
The Reserve Bank of India’s Reference Rate for the US dollar is `60.2115 and the Reference Rate for Euro is `83.3340 on April 10, 2014. The corresponding rates for the previous day (April 09, 2014) were `60.0740 and `82.7896 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date April 09, 2014 April 10, 2014 1 GBP 100.5639 101.0469
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