Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Nov 21, 2011
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `51.7165 and the Reference Rate for Euro is `69.8883 on November 21, 2011. The corresponding rates for the previous day (November 18, 2011) were `51.3530 and `69.2589 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 November 18, 2011 80.9734 66.80 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `51.7165 and the Reference Rate for Euro is `69.8883 on November 21, 2011. The corresponding rates for the previous day (November 18, 2011) were `51.3530 and `69.2589 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 November 18, 2011 80.9734 66.80 Novem
PDF (
Nov 18, 2011
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 October 31, 2011 to November 4, 2011. 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 31/10/2011 3,378 2,161 1,796 488 819 523 7,149 6,891 823 3,824 3,518 364 01/11/2011 2,140 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 31, 2011 to November 4, 2011. 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 31/10/2011 3,378 2,161 1,796 488 819 523 7,149 6,891 823 3,824 3,518 364 01/11/2011 2,140 1
Nov 18, 2011
Investment by FIIs under PIS : M/s. Nava Bharat Ventures Limited
The Reserve Bank of India today notified that M/s. Nava Bharat Ventures Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders agreeing 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 60 per cent of its paid up capital. Ajit Prasad Assistant General
The Reserve Bank of India today notified that M/s. Nava Bharat Ventures Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders agreeing 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 60 per cent of its paid up capital. Ajit Prasad Assistant General
Nov 18, 2011
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `51.3530 and the Reference Rate for Euro is `69.2589 on November 18, 2011. The corresponding rates for the previous day (November 17, 2011) were `50.7220 and `68.4619 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 November 17, 2011 79.8770 65.86 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `51.3530 and the Reference Rate for Euro is `69.2589 on November 18, 2011. The corresponding rates for the previous day (November 17, 2011) were `50.7220 and `68.4619 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 November 17, 2011 79.8770 65.86 Novem
Nov 17, 2011
Liberalization of Export/Import procedures “Set-off” of export receivables against import payables
The Reserve Bank of India has been allowing requests from the exporters through their Authorised Dealer Category 1 banks for “set-off” of export receivables against import payables in respect of the same overseas buyer and supplier subject to certain terms and conditions. It has now been decided to delegate the power to Authorised Dealer Category – I banks to allow such set off with immediate effect. Detailed instructions in this regard have been issued in AP(DIR Seri
The Reserve Bank of India has been allowing requests from the exporters through their Authorised Dealer Category 1 banks for “set-off” of export receivables against import payables in respect of the same overseas buyer and supplier subject to certain terms and conditions. It has now been decided to delegate the power to Authorised Dealer Category – I banks to allow such set off with immediate effect. Detailed instructions in this regard have been issued in AP(DIR Seri
Nov 17, 2011
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.7220 and the Reference Rate for Euro is `68.4619 on November 17, 2011. The corresponding rates for the previous day (November 16, 2011) were `50.9010 and `68.4750 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 November 16, 2011 80.3040 66.06 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `50.7220 and the Reference Rate for Euro is `68.4619 on November 17, 2011. The corresponding rates for the previous day (November 16, 2011) were `50.9010 and `68.4750 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 November 16, 2011 80.3040 66.06 Novem
Nov 16, 2011
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.9010 and the Reference Rate for Euro is `68.4750 on November 16, 2011. The corresponding rates for the previous day (November 15, 2011) were `50.5645 and `68.7875 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 November 15, 2011 80.2990 65.60 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `50.9010 and the Reference Rate for Euro is `68.4750 on November 16, 2011. The corresponding rates for the previous day (November 15, 2011) were `50.5645 and `68.7875 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 November 15, 2011 80.2990 65.60 Novem
Nov 15, 2011
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `50.5645 and the Reference Rate for Euro is `68.7875 on November 15, 2011. The corresponding rates for the previous day (November 14, 2011) were `50.0845 and `68.8325 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 November 14, 2011 80.3631 64.93 Novem
The Reserve Bank of India’s Reference Rate for the US dollar is `50.5645 and the Reference Rate for Euro is `68.7875 on November 15, 2011. The corresponding rates for the previous day (November 14, 2011) were `50.0845 and `68.8325 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 November 14, 2011 80.3631 64.93 Novem
Nov 14, 2011
Investments by NRIs under PIS
The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in the following companies by Non Resident Indian (NRIs) under Portfolio Investment Scheme (PIS) in the primary/secondary markets have reached the trigger limit. Hence, these companies have been included in the ban list of the Reserve Bank of India for purchase of equity shares by NRIs. Accordingly, no further purchases of shares of these company would be allowed through sto
The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in the following companies by Non Resident Indian (NRIs) under Portfolio Investment Scheme (PIS) in the primary/secondary markets have reached the trigger limit. Hence, these companies have been included in the ban list of the Reserve Bank of India for purchase of equity shares by NRIs. Accordingly, no further purchases of shares of these company would be allowed through sto
Nov 14, 2011
Overseas Direct Investment for October 2011
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 October 2011. Ajit Prasad Assistant General Manager Press Release:2011-2012/753
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 October 2011. Ajit Prasad Assistant General Manager Press Release:2011-2012/753
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: November 23, 2022
