Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Mar 28, 2014
Monitoring of Foreign Investment by NRIs/PIOs under PIS in Indian Companies : M/s Transwarranty Finance Ltd. in Caution List
The Reserve Bank of India has today notified that the foreign share holding in M/s Transwarranty Finance 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: 2013-2014/1917
The Reserve Bank of India has today notified that the foreign share holding in M/s Transwarranty Finance 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: 2013-2014/1917
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Mar 28, 2014
India’s International Investment Position (IIP) - Quarter ended December 2013
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (i) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets; and (ii) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP. Such balance sheet analysis of international accounts help
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (i) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets; and (ii) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP. Such balance sheet analysis of international accounts help
Mar 28, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.0998 and the Reference Rate for Euro is `82.5765 on March 28, 2014. The corresponding rates for the previous day (March 27, 2014) were `60.1295 and `82.9060 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 March 27, 2014 March 28, 2014 1 GBP 99.6466 99.8498 1
The Reserve Bank of India’s Reference Rate for the US dollar is `60.0998 and the Reference Rate for Euro is `82.5765 on March 28, 2014. The corresponding rates for the previous day (March 27, 2014) were `60.1295 and `82.9060 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 March 27, 2014 March 28, 2014 1 GBP 99.6466 99.8498 1
Mar 27, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.1295 and the Reference Rate for Euro is ` 82.9060 on March 27, 2014. The corresponding rates for the previous day (March 26, 2014) were ` 60.1725 and ` 83.0915 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 March 26, 2014 March 27, 2014 1 GBP 99.3929 99.64
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.1295 and the Reference Rate for Euro is ` 82.9060 on March 27, 2014. The corresponding rates for the previous day (March 26, 2014) were ` 60.1725 and ` 83.0915 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 March 26, 2014 March 27, 2014 1 GBP 99.3929 99.64
Mar 26, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.1725 and the Reference Rate for Euro is ` 83.0915 on March 26, 2014. The corresponding rates for the previous day (March 25, 2014) were `60.4935 and `83.6745 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 March 25, 2014 March 26, 2014 1 GBP 99.7719 99.3929
The Reserve Bank of India’s Reference Rate for the US dollar is `60.1725 and the Reference Rate for Euro is ` 83.0915 on March 26, 2014. The corresponding rates for the previous day (March 25, 2014) were `60.4935 and `83.6745 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 March 25, 2014 March 26, 2014 1 GBP 99.7719 99.3929
Mar 25, 2014
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 March 3, 2014 to March 7, 2014. 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 03-03-2014 2,835 1,049 421 694 127 106 7,645 8,276 604 3,228 1,586 75 04-03-2014 2,706 946 409 20
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 3, 2014 to March 7, 2014. 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 03-03-2014 2,835 1,049 421 694 127 106 7,645 8,276 604 3,228 1,586 75 04-03-2014 2,706 946 409 20
Mar 25, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.4935 and the Reference Rate for Euro is ` 83.6745 on March 25, 2014. The corresponding rates for the previous day (March 24, 2014) were ` 60.7030 and ` 83.8070 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 March 24, 2014 March 25, 2014 1 GBP 100.1053 99.7
The Reserve Bank of India’s Reference Rate for the US dollar is ` 60.4935 and the Reference Rate for Euro is ` 83.6745 on March 25, 2014. The corresponding rates for the previous day (March 24, 2014) were ` 60.7030 and ` 83.8070 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 March 24, 2014 March 25, 2014 1 GBP 100.1053 99.7
Mar 24, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.7030 and the Reference Rate for Euro is `83.8070 on March 24, 2014. The corresponding rates for the previous day (March 21, 2014) were `61.0465 and `84.1755 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 March 21, 2014 March 24, 2014 1 GBP 100.8061 100.1053
The Reserve Bank of India’s Reference Rate for the US dollar is `60.7030 and the Reference Rate for Euro is `83.8070 on March 24, 2014. The corresponding rates for the previous day (March 21, 2014) were `61.0465 and `84.1755 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 March 21, 2014 March 24, 2014 1 GBP 100.8061 100.1053
Mar 21, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - M/s. Federal Bank Ltd. removed from the Ban List
The Reserve Bank of India today notified that the restrictions placed on the purchase of shares of M/s.Federal Bank Ltd., have been withdrawn with immediate effect. Equity shares of M/s. Federal Bank Ltd., can now be purchased through primary market and stock exchanges. The Reserve Bank stated that consequent upon the Government of India approving the increase in foreign investment in M/s.Federal Bank Ltd., from 49 per cent to 74 per cent of its paid up equity share c
The Reserve Bank of India today notified that the restrictions placed on the purchase of shares of M/s.Federal Bank Ltd., have been withdrawn with immediate effect. Equity shares of M/s. Federal Bank Ltd., can now be purchased through primary market and stock exchanges. The Reserve Bank stated that consequent upon the Government of India approving the increase in foreign investment in M/s.Federal Bank Ltd., from 49 per cent to 74 per cent of its paid up equity share c
Mar 21, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.0465 and the Reference Rate for Euro is ` 84.1755 on March 21, 2014. The corresponding rates for the previous day (March 20, 2014) were ` 61.1310 and ` 84.5925 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 March 20, 2014 March 21, 2014 1GBP 101.1718 100.8
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.0465 and the Reference Rate for Euro is ` 84.1755 on March 21, 2014. The corresponding rates for the previous day (March 20, 2014) were ` 61.1310 and ` 84.5925 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 March 20, 2014 March 21, 2014 1GBP 101.1718 100.8
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