Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Sep 12, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- M/s Capital First Ltd.-
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 50%
2. Removal from the FIIs/ FPIs Ban List
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 50%
2. Removal from the FIIs/ FPIs Ban 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 Capital First Ltd. has increased from 24% to 50% of its paid up capital. M/s Capital First Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) and 5
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 Capital First Ltd. has increased from 24% to 50% of its paid up capital. M/s Capital First Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) and 5
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Sep 12, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9474 on September 12, 2017. The corresponding rate for the previous day (September 11, 2017) was ₹ 63.8859. 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 September 11, 2017 September 12, 2017 1 EUR 76.7334 76.5514 1 GBP 84.2591 84.3594 100 YEN 58.86 58.41 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9474 on September 12, 2017. The corresponding rate for the previous day (September 11, 2017) was ₹ 63.8859. 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 September 11, 2017 September 12, 2017 1 EUR 76.7334 76.5514 1 GBP 84.2591 84.3594 100 YEN 58.86 58.41 Note : Th
Sep 11, 2017
Overseas Direct Investment for August 2017
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of July 2017 and August 2017 and for the month of August 2016 and August 2017 both under Automatic Route and the Approval Route, for the month of August 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/696
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of July 2017 and August 2017 and for the month of August 2016 and August 2017 both under Automatic Route and the Approval Route, for the month of August 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/696
Sep 11, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8859 on September 11, 2017. The corresponding rate for the previous day (September 08, 2017) was ₹ 63.8664. 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 September 08, 2017 September 11, 2017 1 EUR 77.0357 76.7334 1 GBP 83.8757 84.2591 100 YEN 59.28 58.86 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8859 on September 11, 2017. The corresponding rate for the previous day (September 08, 2017) was ₹ 63.8664. 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 September 08, 2017 September 11, 2017 1 EUR 77.0357 76.7334 1 GBP 83.8757 84.2591 100 YEN 59.28 58.86 Note : Th
Sep 08, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8664 on September 08, 2017. The corresponding rate for the previous day (September 07, 2017) was ₹ 64.0276. 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 September 07, 2017 September 08, 2017 1 EUR 76.3593 77.0357 1 GBP 83.4664 83.8757 100 YEN 58.70 59.28 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8664 on September 08, 2017. The corresponding rate for the previous day (September 07, 2017) was ₹ 64.0276. 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 September 07, 2017 September 08, 2017 1 EUR 76.3593 77.0357 1 GBP 83.4664 83.8757 100 YEN 58.70 59.28 Note : Th
Sep 07, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- M/s GTPL Hathway Ltd.-
Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49 %
Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49 %
The Reserve Bank of India has today notified that the Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s GTPL Hathway Ltd. has increased from 24% to 49% of its paid up capital. M/s GTPL Hathway Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA, 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2)
The Reserve Bank of India has today notified that the Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s GTPL Hathway Ltd. has increased from 24% to 49% of its paid up capital. M/s GTPL Hathway Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA, 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2)
Sep 07, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- M/s CCL Products (India) Ltd.-
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 40%
2. Removal from the FIIs/ FPIs Ban List
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 40%
2. Removal from the FIIs/ FPIs Ban 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 CCL Products (India) Ltd. has increased from 24% to 40% of its paid up capital. M/s CCL Products (India) Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulati
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 CCL Products (India) Ltd. has increased from 24% to 40% of its paid up capital. M/s CCL Products (India) Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulati
Sep 07, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0276 on September 07, 2017. The corresponding rate for the previous day (September 06, 2017) was ₹ 64.2146. 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 September 06, 2017 September 07, 2017 1 EUR 76.5438 76.3593 1 GBP 83.6395 83.4664 100 YEN 59.04 58.70 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0276 on September 07, 2017. The corresponding rate for the previous day (September 06, 2017) was ₹ 64.2146. 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 September 06, 2017 September 07, 2017 1 EUR 76.5438 76.3593 1 GBP 83.6395 83.4664 100 YEN 59.04 58.70 Note : Th
Sep 06, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.2146 on September 06, 2017. The corresponding rate for the previous day (September 05, 2017) was ₹ 64.1164. 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 September 05, 2017 September 06, 2017 1 EUR 76.2921 76.5438 1 GBP 82.8192 83.6395 100 YEN 58.63 59.04 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.2146 on September 06, 2017. The corresponding rate for the previous day (September 05, 2017) was ₹ 64.1164. 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 September 05, 2017 September 06, 2017 1 EUR 76.2921 76.5438 1 GBP 82.8192 83.6395 100 YEN 58.63 59.04 Note : Th
Sep 05, 2017
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 August 14, 2017 to August 18, 2017. 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 14-08-2017 1,903 871 783 150 117 183 7,579 7,096 589 3,092 1,774 126 15-08-2017 0 0 0 0 0 0 0
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 14, 2017 to August 18, 2017. 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 14-08-2017 1,903 871 783 150 117 183 7,579 7,096 589 3,092 1,774 126 15-08-2017 0 0 0 0 0 0 0
Sep 05, 2017
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 August 07, 2017 to August 11, 2017. 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 07-08-2017 2,008 957 391 160 131 139 8,478 8,971 598 3,613 1,133 249 08-08-2017 2,372 884 476
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 07, 2017 to August 11, 2017. 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 07-08-2017 2,008 957 391 160 131 139 8,478 8,971 598 3,613 1,133 249 08-08-2017 2,372 884 476
Sep 05, 2017
FIIs/FPIs investment under PIS - Incorporation in Caution List - M/s Bharat Financial Inclusion Ltd
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Bharat Financial Inclusion Ltd. has reached the trigger limit. 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 Adviser Press Release : 2017-2018/636
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Bharat Financial Inclusion Ltd. has reached the trigger limit. 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 Adviser Press Release : 2017-2018/636
Sep 05, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1164 on September 05, 2017. The corresponding rate for the previous day (September 04, 2017) was ₹ 64.0468. 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 September 04, 2017 September 05, 2017 1 EUR 76.1516 76.2921 1 GBP 82.9662 82.8192 100 YEN 58.51 58.63 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1164 on September 05, 2017. The corresponding rate for the previous day (September 04, 2017) was ₹ 64.0468. 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 September 04, 2017 September 05, 2017 1 EUR 76.1516 76.2921 1 GBP 82.9662 82.8192 100 YEN 58.51 58.63 Note : Th
Sep 04, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0468 on September 04, 2017. The corresponding rate for the previous day (September 01, 2017) was ₹ 63.9804. 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 September 01, 2017 September 04, 2017 1 EUR 76.1047 76.1516 1 GBP 82.6627 82.9662 100 YEN 58.10 58.51 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0468 on September 04, 2017. The corresponding rate for the previous day (September 01, 2017) was ₹ 63.9804. 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 September 01, 2017 September 04, 2017 1 EUR 76.1047 76.1516 1 GBP 82.6627 82.9662 100 YEN 58.10 58.51 Note : Th
Sep 01, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9804 on September 01, 2017. The corresponding rate for the previous day (August 31, 2017) was ₹ 64.0154. 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 August 31, 2017 September 01, 2017 1 EUR 76.0439 76.1047 1 GBP 82.6951 82.6627 100 YEN 57.91 58.10 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9804 on September 01, 2017. The corresponding rate for the previous day (August 31, 2017) was ₹ 64.0154. 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 August 31, 2017 September 01, 2017 1 EUR 76.0439 76.1047 1 GBP 82.6951 82.6627 100 YEN 57.91 58.10 Note : The SDR-
Aug 31, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0154 on August 31, 2017. The corresponding rate for the previous day (August 30, 2017) was ₹ 63.9431. 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 August 30, 2017 August 31, 2017 1 EUR 76.4504 76.0439 1 GBP 82.6209 82.6951 100 YEN 58.16 57.91 Note : The SDR-Rupee
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0154 on August 31, 2017. The corresponding rate for the previous day (August 30, 2017) was ₹ 63.9431. 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 August 30, 2017 August 31, 2017 1 EUR 76.4504 76.0439 1 GBP 82.6209 82.6951 100 YEN 58.16 57.91 Note : The SDR-Rupee
Aug 30, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9431 on August 30, 2017. The corresponding rate for the previous day (August 29, 2017) was ₹ 64.0174. 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 August 29, 2017 August 30, 2017 1 EUR 76.7505 76.4504 1 GBP 82.8833 82.6209 100 YEN 58.81 58.16 Note : The SDR-Rupee
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9431 on August 30, 2017. The corresponding rate for the previous day (August 29, 2017) was ₹ 64.0174. 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 August 29, 2017 August 30, 2017 1 EUR 76.7505 76.4504 1 GBP 82.8833 82.6209 100 YEN 58.81 58.16 Note : The SDR-Rupee
Aug 29, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0174 on August 29, 2017. The corresponding rate for the previous day (August 28, 2017) was ₹ 63.8701. 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 August 28, 2017 August 29, 2017 1 EUR 76.2162 76.7505 1 GBP 82.3605 82.8833 100 YEN 58.53 58.81 Note : The SDR-Rupee
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0174 on August 29, 2017. The corresponding rate for the previous day (August 28, 2017) was ₹ 63.8701. 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 August 28, 2017 August 29, 2017 1 EUR 76.2162 76.7505 1 GBP 82.3605 82.8833 100 YEN 58.53 58.81 Note : The SDR-Rupee
Aug 28, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8701 on August 28, 2017. The corresponding rate for the previous day (August 24, 2017) was ₹ 64.0676. 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 August 24, 2017 August 28, 2017 1 EUR 75.5805 76.2162 1 GBP 81.9361 82.3605 100 YEN 58.67 58.53 Note : The SDR-Rupee
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8701 on August 28, 2017. The corresponding rate for the previous day (August 24, 2017) was ₹ 64.0676. 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 August 24, 2017 August 28, 2017 1 EUR 75.5805 76.2162 1 GBP 81.9361 82.3605 100 YEN 58.67 58.53 Note : The SDR-Rupee
Aug 24, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0676 on August 24, 2017. The corresponding rate for the previous day (August 23, 2017) was ₹ 64.1272. 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 August 23, 2017 August 24, 2017 1 EUR 75.4072 75.5805 1 GBP 82.2303 81.9361 100 YEN 58.58 58.67 Note : The SDR-Rupee
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0676 on August 24, 2017. The corresponding rate for the previous day (August 23, 2017) was ₹ 64.1272. 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 August 23, 2017 August 24, 2017 1 EUR 75.4072 75.5805 1 GBP 82.2303 81.9361 100 YEN 58.58 58.67 Note : The SDR-Rupee
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Page Last Updated on: November 21, 2024
