Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Dec 31, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3260 on December 31, 2015. The corresponding rate for the previous day (December 30, 2015) was ₹ 66.4243. 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 December 30, 2015 December 31, 2015 1 EUR 72.6018 72.5010 1 GBP 98.5471 98.3482 100 YEN 55.17 55.09 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3260 on December 31, 2015. The corresponding rate for the previous day (December 30, 2015) was ₹ 66.4243. 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 December 30, 2015 December 31, 2015 1 EUR 72.6018 72.5010 1 GBP 98.5471 98.3482 100 YEN 55.17 55.09 Note : The SD
PDF (
Dec 30, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4243 on December 30, 2015. The corresponding rate for the previous day (December 29, 2015) was ₹ 66.3700. 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 December 29, 2015 December 30, 2015 1 EUR 72.8477 72.6018 1 GBP 98.9112 98.5471 100 YEN 55.16 55.17 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4243 on December 30, 2015. The corresponding rate for the previous day (December 29, 2015) was ₹ 66.3700. 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 December 29, 2015 December 30, 2015 1 EUR 72.8477 72.6018 1 GBP 98.9112 98.5471 100 YEN 55.16 55.17 Note : The SD
Dec 29, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3700 on December 29, 2015. The corresponding rate for the previous day (December 28, 2015) was ₹ 66.1380. 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 December 28, 2015 December 29, 2015 1 EUR 72.5534 72.8477 1 GBP 98.6911 98.9112 100 YEN 54.92 55.16 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3700 on December 29, 2015. The corresponding rate for the previous day (December 28, 2015) was ₹ 66.1380. 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 December 28, 2015 December 29, 2015 1 EUR 72.5534 72.8477 1 GBP 98.6911 98.9112 100 YEN 54.92 55.16 Note : The SD
Dec 28, 2015
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 December 14, 2015 to December 18, 2015. 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 14-12-2015 2,440 1,056 665 307 194 237 7,370 5,866 421 2,313 1,193 753 15-12-2015 2,277 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 14, 2015 to December 18, 2015. 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 14-12-2015 2,440 1,056 665 307 194 237 7,370 5,866 421 2,313 1,193 753 15-12-2015 2,277 1
Dec 28, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1380 on December 28, 2015. The corresponding rate for the previous day (December 23, 2015) was ₹ 66.2020. 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 December 23, 2015 December 28, 2015 1 EUR 72.4117 72.5534 1 GBP 98.2967 98.6911 100 YEN 54.74 54.92 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1380 on December 28, 2015. The corresponding rate for the previous day (December 23, 2015) was ₹ 66.2020. 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 December 23, 2015 December 28, 2015 1 EUR 72.4117 72.5534 1 GBP 98.2967 98.6911 100 YEN 54.74 54.92 Note : The SD
Dec 23, 2015
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s V-Mart Retail Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s V-Mart Retail Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has further advised that the foreign shareholding by FIIs/RFPIs in M/s V-Mart Retail Limited have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s V-Mart Retail Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has further advised that the foreign shareholding by FIIs/RFPIs in M/s V-Mart Retail Limited have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of
Dec 23, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2020 on December 23, 2015. The corresponding rate for the previous day (December 22, 2015) was ₹ 66.2985. 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 December 22, 2015 December 23, 2015 1 EUR 72.3317 72.4117 1 GBP 98.7052 98.2967 100 YEN 54.68 54.74 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2020 on December 23, 2015. The corresponding rate for the previous day (December 22, 2015) was ₹ 66.2985. 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 December 22, 2015 December 23, 2015 1 EUR 72.3317 72.4117 1 GBP 98.7052 98.2967 100 YEN 54.68 54.74 Note : The SD
Dec 22, 2015
Developments in India’s Balance of Payments during the Second Quarter (July-September) of 2015-16
Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2) i.e., July-September 2015-16 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q2 of 2015-16 India’s current account deficit (CAD) at US$ 8.2 billion (1.6 per cent of GDP) in Q2 of 2015-16 was lower than US$ 10.9 billion (2.2 per cent of GDP) in Q2 of 2014-15 but increased from US$ 6.1 billion (1.2 per cent of GDP) in the preceding quarter (T
Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2) i.e., July-September 2015-16 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q2 of 2015-16 India’s current account deficit (CAD) at US$ 8.2 billion (1.6 per cent of GDP) in Q2 of 2015-16 was lower than US$ 10.9 billion (2.2 per cent of GDP) in Q2 of 2014-15 but increased from US$ 6.1 billion (1.2 per cent of GDP) in the preceding quarter (T
Dec 22, 2015
Sources of Variation in Foreign Exchange Reserves in India during April-September 2015
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for July-September 2015 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2015 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2015 During April-September 2015, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for July-September 2015 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2015 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2015 During April-September 2015, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
Dec 22, 2015
RBI creates Helpline for guiding Start-ups in India on Forex Matters
The Reserve Bank of India has created a dedicated helpline (Email) for start-ups in India in order to offer guidance/assistance to them for undertaking cross-border transactions within the ambit of the regulatory framework. While seeking guidance, the enterprises should provide complete information to the Reserve Bank and mention the specific issues on which they need guidance from the Reserve Bank in relation to the Foreign Exchange Management regulations. This would
The Reserve Bank of India has created a dedicated helpline (Email) for start-ups in India in order to offer guidance/assistance to them for undertaking cross-border transactions within the ambit of the regulatory framework. While seeking guidance, the enterprises should provide complete information to the Reserve Bank and mention the specific issues on which they need guidance from the Reserve Bank in relation to the Foreign Exchange Management regulations. This would
Dec 22, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2985 on December 22, 2015. The corresponding rate for the previous day (December 21, 2015) was ₹ 66.3240. 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 December 21, 2015 December 22, 2015 1 EUR 72.1340 72.3317 1 GBP 98.9886 98.7052 100 YEN 54.67 54.68 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2985 on December 22, 2015. The corresponding rate for the previous day (December 21, 2015) was ₹ 66.3240. 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 December 21, 2015 December 22, 2015 1 EUR 72.1340 72.3317 1 GBP 98.9886 98.7052 100 YEN 54.67 54.68 Note : The SD
Dec 21, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3240 on December 21, 2015. The corresponding rate for the previous day (December 18, 2015) was ₹ 66.4235. 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 December 18, 2015 December 21, 2015 1 EUR 72.1359 72.1340 1 GBP 99.1703 98.9886 100 YEN 54.48 54.67 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3240 on December 21, 2015. The corresponding rate for the previous day (December 18, 2015) was ₹ 66.4235. 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 December 18, 2015 December 21, 2015 1 EUR 72.1359 72.1340 1 GBP 99.1703 98.9886 100 YEN 54.48 54.67 Note : The SD
Dec 18, 2015
FIIs/RFPIs can now invest up to 45 per cent under PIS in M/s Jubilant Life Science Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 45 per cent of the paid up capital of M/s Jubilant Life Science Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 45 per cent of the paid up capital of M/s Jubilant Life Science Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase
Dec 18, 2015
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 December 07, 2015 to December 11, 2015. 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 07-12-2015 1,881 1,073 457 303 212 214 5,822 5,167 225 2,355 891 58 08-12-2015 2,162 759
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 07, 2015 to December 11, 2015. 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 07-12-2015 1,881 1,073 457 303 212 214 5,822 5,167 225 2,355 891 58 08-12-2015 2,162 759
Dec 18, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4235 on December 18, 2015. The corresponding rate for the previous day (December 17, 2015) was ₹ 66.6488. 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 December 17, 2015 December 18, 2015 1 EUR 72.3273 72.1359 1 GBP 99.6133 99.1703 100 YEN 54.43 54.48 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4235 on December 18, 2015. The corresponding rate for the previous day (December 17, 2015) was ₹ 66.6488. 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 December 17, 2015 December 18, 2015 1 EUR 72.3273 72.1359 1 GBP 99.6133 99.1703 100 YEN 54.43 54.48 Note : The SD
Dec 17, 2015
Monitoring of Foreign Investment under PIS in Indian Companies- Removal from the Caution List - FIIs/RFPIs M/s Power Grid Corporation of India Ltd
The Reserve Bank of India has today notified that the foreign share holding by Foreign Institutional Investors (FIIs)/ Registered Foreign Portfolios Investors (RFPIs) in M/s Power Grid Corporation of India Ltd. have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy . Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Therefore equity shares of M/s Power Grid Corporat
The Reserve Bank of India has today notified that the foreign share holding by Foreign Institutional Investors (FIIs)/ Registered Foreign Portfolios Investors (RFPIs) in M/s Power Grid Corporation of India Ltd. have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy . Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Therefore equity shares of M/s Power Grid Corporat
Dec 17, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6488 on December 17, 2015. The corresponding rate for the previous day (December 16, 2015) was ₹ 66.8468. 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 December 16, 2015 December 17, 2015 1 EUR 73.1571 72.3273 1 GBP 100.5777 99.6133 100 YEN 54.84 54.43 Note : The S
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6488 on December 17, 2015. The corresponding rate for the previous day (December 16, 2015) was ₹ 66.8468. 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 December 16, 2015 December 17, 2015 1 EUR 73.1571 72.3273 1 GBP 100.5777 99.6133 100 YEN 54.84 54.43 Note : The S
Dec 16, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8468 on December 16, 2015. The corresponding rate for the previous day (December 15, 2015) was ₹ 67.0435. 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 December 15, 2015 December 16, 2015 1 EUR 73.9289 73.1571 1 GBP 101.6715 100.5777 100 YEN 55.49 54.84 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8468 on December 16, 2015. The corresponding rate for the previous day (December 15, 2015) was ₹ 67.0435. 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 December 15, 2015 December 16, 2015 1 EUR 73.9289 73.1571 1 GBP 101.6715 100.5777 100 YEN 55.49 54.84 Note : The
Dec 15, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0435 on December 15, 2015. The corresponding rate for the previous day (December 14, 2015) was ₹ 66.9940. 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 December 14, 2015 December 15, 2015 1 EUR 73.4656 73.9289 1 GBP 101.7840 101.6715 100 YEN 55.29 55.49 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0435 on December 15, 2015. The corresponding rate for the previous day (December 14, 2015) was ₹ 66.9940. 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 December 14, 2015 December 15, 2015 1 EUR 73.4656 73.9289 1 GBP 101.7840 101.6715 100 YEN 55.29 55.49 Note : The
Dec 14, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.9940 on December 14, 2015. The corresponding rate for the previous day (December 11, 2015) was ₹ 66.7860. 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 December 11, 2015 December 14, 2015 1 EUR 73.1040 73.4656 1 GBP 101.1006 101.7840 100 YEN 54.75 55.29 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.9940 on December 14, 2015. The corresponding rate for the previous day (December 11, 2015) was ₹ 66.7860. 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 December 11, 2015 December 14, 2015 1 EUR 73.1040 73.4656 1 GBP 101.1006 101.7840 100 YEN 54.75 55.29 Note : The
Install the RBI mobile application and get quick access to the latest news!
Page Last Updated on: November 22, 2024
