Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Jun 26, 2012
Investment by FIIs under PIS : M/s. KPIT Cummins Infosystems Limited
The Reserve Bank of India today notified that M/s. KPIT Cummins Infosystems Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 49 per cent of its paid up capital. Ajit Prasad Assistant General Manager
The Reserve Bank of India today notified that M/s. KPIT Cummins Infosystems Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 49 per cent of its paid up capital. Ajit Prasad Assistant General Manager
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Jun 26, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `57.0728 and the Reference Rate for Euro is `71.4005 on June 26 2012. The corresponding rates for the previous day (June 25, 2012) were `56.5340 and `70.8308 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 25, 2012 88.0941 70.55 June 26, 2012 88.9
The Reserve Bank of India’s Reference Rate for the US dollar is `57.0728 and the Reference Rate for Euro is `71.4005 on June 26 2012. The corresponding rates for the previous day (June 25, 2012) were `56.5340 and `70.8308 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 25, 2012 88.0941 70.55 June 26, 2012 88.9
Jun 25, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `56.5340 and the Reference Rate for Euro is `70.8308 on June 25 2012. The corresponding rates for the previous day (June 22, 2012) were `56.9928 and `71.5745 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 22, 2012 88.9743 70.88 June 25, 2012 88.0
The Reserve Bank of India’s Reference Rate for the US dollar is `56.5340 and the Reference Rate for Euro is `70.8308 on June 25 2012. The corresponding rates for the previous day (June 22, 2012) were `56.9928 and `71.5745 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 22, 2012 88.9743 70.88 June 25, 2012 88.0
Jun 22, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `56.9928 and the Reference Rate for Euro is `71.5745 on June 22, 2012. The corresponding rates for the previous day (June 21, 2012) were `56.4178 and `71.5215 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 21, 2012 88.4462 70.85 June 22, 2012 88.
The Reserve Bank of India’s Reference Rate for the US dollar is `56.9928 and the Reference Rate for Euro is `71.5745 on June 22, 2012. The corresponding rates for the previous day (June 21, 2012) were `56.4178 and `71.5215 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 21, 2012 88.4462 70.85 June 22, 2012 88.
Jun 22, 2012
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 June 04, 2012 to June 08, 2012. 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 04-06-2012 1,836 694 382 339 256 86 5,096 7,532 500 2,765 815 182 05-06-2012 1,717 610 550 144 22
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period June 04, 2012 to June 08, 2012. 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 04-06-2012 1,836 694 382 339 256 86 5,096 7,532 500 2,765 815 182 05-06-2012 1,717 610 550 144 22
Jun 21, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `56.4178 and the Reference Rate for Euro is `71.5215 on June 21, 2012. The corresponding rates for the previous day (June 20, 2012) were `55.8585 and `70.8838 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 20, 2012 87.9325 70.77 June 21, 2012 88.
The Reserve Bank of India’s Reference Rate for the US dollar is `56.4178 and the Reference Rate for Euro is `71.5215 on June 21, 2012. The corresponding rates for the previous day (June 20, 2012) were `55.8585 and `70.8838 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 20, 2012 87.9325 70.77 June 21, 2012 88.
Jun 20, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `55.8585 and the Reference Rate for Euro is `70.8838 on June 20, 2012. The corresponding rates for the previous day (June 19, 2012) were `56.0143 and `70.5436 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 19, 2012 87.8500 70.92 June 20, 2012 87.
The Reserve Bank of India’s Reference Rate for the US dollar is `55.8585 and the Reference Rate for Euro is `70.8838 on June 20, 2012. The corresponding rates for the previous day (June 19, 2012) were `56.0143 and `70.5436 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 19, 2012 87.8500 70.92 June 20, 2012 87.
Jun 19, 2012
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `56.0143 and the Reference Rate for Euro is `70.5436 on June 19, 2012. The corresponding rates for the previous day (June 18, 2012) were `55.5990 and `70.6640 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 18, 2012 87.3405 70.18 June 19, 2012 87.
The Reserve Bank of India’s Reference Rate for the US dollar is `56.0143 and the Reference Rate for Euro is `70.5436 on June 19, 2012. The corresponding rates for the previous day (June 18, 2012) were `55.5990 and `70.6640 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 18, 2012 87.3405 70.18 June 19, 2012 87.
Jun 18, 2012
Export Credit Refinance Facility (ECR) relaxed
With a view to enhancing the credit flow to the export sector, it has been decided to enhance the eligible limit of the Export Credit Refinance (ECR) facility for scheduled banks (excluding RRBs) from 15 per cent of the outstanding export credit eligible for refinance to 50 per cent, effective fortnight beginning June 30, 2012. This will provide additional liquidity support to banks of over `300 billion. The rate of interest charged on the ECR facility will continue t
With a view to enhancing the credit flow to the export sector, it has been decided to enhance the eligible limit of the Export Credit Refinance (ECR) facility for scheduled banks (excluding RRBs) from 15 per cent of the outstanding export credit eligible for refinance to 50 per cent, effective fortnight beginning June 30, 2012. This will provide additional liquidity support to banks of over `300 billion. The rate of interest charged on the ECR facility will continue t
Jun 18, 2012
RBI Reference Rate for US $ and Euro
Reserve Bank of India’s Reference Rate for the US dollar is `55.5990 and the Reference Rate for Euro is `70.6640 on June 18, 2012. The corresponding rates for the previous day (June 15, 2012) were `55.7630 and `70.4411 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 15, 2012 86.6892 70.69 June 18, 2012 87.3405
Reserve Bank of India’s Reference Rate for the US dollar is `55.5990 and the Reference Rate for Euro is `70.6640 on June 18, 2012. The corresponding rates for the previous day (June 15, 2012) were `55.7630 and `70.4411 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY June 15, 2012 86.6892 70.69 June 18, 2012 87.3405
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