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Foreign Exchange Management Act Announcement
Press Releases
Oct 13, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9301 on October 13, 2017. The corresponding rate for the previous day (October 12, 2017) was ₹ 65.1003. 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 October 12, 2017 October 13, 2017 1 EUR 77.2741 76.8772 1 GBP 86.2319 86.3051 100 YEN 57.98 58.01 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9301 on October 13, 2017. The corresponding rate for the previous day (October 12, 2017) was ₹ 65.1003. 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 October 12, 2017 October 13, 2017 1 EUR 77.2741 76.8772 1 GBP 86.2319 86.3051 100 YEN 57.98 58.01 Note : The SDR-Ru
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Oct 12, 2017
RBI releases Discussion Paper on ‘Foreign exchange trading platform for retail participants’
The Reserve Bank of India today released on its website a Discussion Paper on ‘Foreign exchange trading platform for retail participants’. The discussion paper proposes a scheme to encourage transparent and fair pricing in the retail forex market by developing a foreign exchange platform for retail participants along the lines of the FX-Clear platform of Clearing Corporation of India Limited (CCIL). As envisaged in the discussion paper, retail customer would be provid
The Reserve Bank of India today released on its website a Discussion Paper on ‘Foreign exchange trading platform for retail participants’. The discussion paper proposes a scheme to encourage transparent and fair pricing in the retail forex market by developing a foreign exchange platform for retail participants along the lines of the FX-Clear platform of Clearing Corporation of India Limited (CCIL). As envisaged in the discussion paper, retail customer would be provid
Oct 12, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1003 on October 12, 2017. The corresponding rate for the previous day (October 11, 2017) was ₹ 65.2691. 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 October 11, 2017 October 12, 2017 1 EUR 77.1677 77.2741 1 GBP 86.1161 86.2319 100 YEN 58.08 57.98 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1003 on October 12, 2017. The corresponding rate for the previous day (October 11, 2017) was ₹ 65.2691. 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 October 11, 2017 October 12, 2017 1 EUR 77.1677 77.2741 1 GBP 86.1161 86.2319 100 YEN 58.08 57.98 Note : The SDR-Ru
Oct 11, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2691 on October 11, 2017. The corresponding rate for the previous day (October 10, 2017) was ₹ 65.2652. 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 October 10, 2017 October 11, 2017 1 EUR 76.8302 77.1677 1 GBP 85.9412 86.1161 100 YEN 57.95 58.08 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2691 on October 11, 2017. The corresponding rate for the previous day (October 10, 2017) was ₹ 65.2652. 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 October 10, 2017 October 11, 2017 1 EUR 76.8302 77.1677 1 GBP 85.9412 86.1161 100 YEN 57.95 58.08 Note : The SDR-Ru
Oct 10, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2652 on October 10, 2017. The corresponding rate for the previous day (October 09, 2017) was ₹ 65.3074. 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 October 09, 2017 October 10, 2017 1 EUR 76.5990 76.8302 1 GBP 85.6311 85.9412 100 YEN 57.99 57.95 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2652 on October 10, 2017. The corresponding rate for the previous day (October 09, 2017) was ₹ 65.3074. 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 October 09, 2017 October 10, 2017 1 EUR 76.5990 76.8302 1 GBP 85.6311 85.9412 100 YEN 57.99 57.95 Note : The SDR-Ru
Oct 09, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.3074 on October 09, 2017. The corresponding rate for the previous day (October 06, 2017) was ₹ 65.2276. 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 October 06, 2017 October 09, 2017 1 EUR 76.2641 76.5990 1 GBP 85.3112 85.6311 100 YEN 57.72 57.99 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.3074 on October 09, 2017. The corresponding rate for the previous day (October 06, 2017) was ₹ 65.2276. 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 October 06, 2017 October 09, 2017 1 EUR 76.2641 76.5990 1 GBP 85.3112 85.6311 100 YEN 57.72 57.99 Note : The SDR-Ru
Oct 06, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2276 on October 06, 2017. The corresponding rate for the previous day (October 05, 2017) was ₹ 65.1758. 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 October 05, 2017 October 06, 2017 1 EUR 76.5685 76.2641 1 GBP 86.2145 85.3112 100 YEN 57.77 57.72 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2276 on October 06, 2017. The corresponding rate for the previous day (October 05, 2017) was ₹ 65.1758. 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 October 05, 2017 October 06, 2017 1 EUR 76.5685 76.2641 1 GBP 86.2145 85.3112 100 YEN 57.77 57.72 Note : The SDR-Ru
Oct 05, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1758 on October 05, 2017. The corresponding rate for the previous day (October 04, 2017) was ₹ 65.2899. 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 October 04, 2017 October 05, 2017 1 EUR 76.8266 76.5685 1 GBP 86.6266 86.2145 100 YEN 58.00 57.77 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1758 on October 05, 2017. The corresponding rate for the previous day (October 04, 2017) was ₹ 65.2899. 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 October 04, 2017 October 05, 2017 1 EUR 76.8266 76.5685 1 GBP 86.6266 86.2145 100 YEN 58.00 57.77 Note : The SDR-Ru
Oct 04, 2017
Monitoring of Foreign Investment under PIS in Indian Companies-M/s Parag Milk Foods Ltd
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% 2. Removal from the FIIs/ FPIs Caution List. The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s Parag Milk Foods Ltd. has increased from 24% to 40% of its paid up capital. M/s Parag Milk Foods Ltd. has passed necessary resolutions of its Board of Dire
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% 2. Removal from the FIIs/ FPIs Caution List. The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s Parag Milk Foods Ltd. has increased from 24% to 40% of its paid up capital. M/s Parag Milk Foods Ltd. has passed necessary resolutions of its Board of Dire
Oct 04, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2899 on October 04, 2017. The corresponding rate for the previous day (October 03, 2017) was ₹ 65.5529. 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 October 03, 2017 October 04, 2017 1 EUR 76.7756 76.8266 1 GBP 86.8707 86.6266 100 YEN 57.97 58.00 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2899 on October 04, 2017. The corresponding rate for the previous day (October 03, 2017) was ₹ 65.5529. 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 October 03, 2017 October 04, 2017 1 EUR 76.7756 76.8266 1 GBP 86.8707 86.6266 100 YEN 57.97 58.00 Note : The SDR-Ru
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