Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Nov 07, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7301 on November 07, 2016. The corresponding rate for the previous day (November 04, 2016) was ₹ 66.7219. 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 November 04, 2016 November 07, 2016 1 EUR 74.0546 73.8435 1 GBP 83.1355 82.9322 100 YEN 64.62 63.88 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7301 on November 07, 2016. The corresponding rate for the previous day (November 04, 2016) was ₹ 66.7219. 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 November 04, 2016 November 07, 2016 1 EUR 74.0546 73.8435 1 GBP 83.1355 82.9322 100 YEN 64.62 63.88 Note : The SD
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Nov 04, 2016
FIIs/RFPIs can now invest to 30 per cent under PIS in M/s Grasim Industries Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from up to 30 per cent of the paid up capital of M/s Grasim Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that M/s Grasim Industries Limited has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limi
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from up to 30 per cent of the paid up capital of M/s Grasim Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that M/s Grasim Industries Limited has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limi
Nov 04, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7219 on November 04, 2016. The corresponding rate for the previous day (November 03, 2016) was ₹ 66.6942. 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 November 03, 2016 November 04, 2016 1 EUR 74.1506 74.0546 1 GBP 82.2473 83.1355 100 YEN 64.95 64.62 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7219 on November 04, 2016. The corresponding rate for the previous day (November 03, 2016) was ₹ 66.6942. 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 November 03, 2016 November 04, 2016 1 EUR 74.1506 74.0546 1 GBP 82.2473 83.1355 100 YEN 64.95 64.62 Note : The SD
Nov 03, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6942 on November 03, 2016. The corresponding rate for the previous day (November 02, 2016) was ₹ 66.8294. 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 November 02, 2016 November 03, 2016 1 EUR 73.9534 74.1506 1 GBP 81.8861 82.2473 100 YEN 64.37 64.95 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6942 on November 03, 2016. The corresponding rate for the previous day (November 02, 2016) was ₹ 66.8294. 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 November 02, 2016 November 03, 2016 1 EUR 73.9534 74.1506 1 GBP 81.8861 82.2473 100 YEN 64.37 64.95 Note : The SD
Nov 02, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8294 on November 02, 2016. The corresponding rate for the previous day (November 01, 2016) was ₹ 66.7140. 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 November 01, 2016 November 02, 2016 1 EUR 73.1786 73.9534 1 GBP 81.5579 81.8861 100 YEN 63.68 64.37 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8294 on November 02, 2016. The corresponding rate for the previous day (November 01, 2016) was ₹ 66.7140. 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 November 01, 2016 November 02, 2016 1 EUR 73.1786 73.9534 1 GBP 81.5579 81.8861 100 YEN 63.68 64.37 Note : The SD
Nov 01, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7140 on November 01, 2016. The corresponding rate for the previous day (October 28, 2016) was ₹ 66.8566. 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 28, 2016 November 01, 2016 1 EUR 72.9071 73.1786 1 GBP 81.2976 81.5579 100 YEN 63.44 63.68 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7140 on November 01, 2016. The corresponding rate for the previous day (October 28, 2016) was ₹ 66.8566. 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 28, 2016 November 01, 2016 1 EUR 72.9071 73.1786 1 GBP 81.2976 81.5579 100 YEN 63.44 63.68 Note : The SDR-
Oct 28, 2016
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 17, 2016 to October 21, 2016. 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 17-10-2016 2,539 893 895 206 199 216 8,441 6,746 221 3,290 1,623 49 18-10-2016 2,303 987 32
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 17, 2016 to October 21, 2016. 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 17-10-2016 2,539 893 895 206 199 216 8,441 6,746 221 3,290 1,623 49 18-10-2016 2,303 987 32
Oct 28, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8566 on October 28, 2016. The corresponding rate for the previous day (October 27, 2016) was ₹ 66.8854. 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 27, 2016 October 28, 2016 1 EUR 72.9385 72.9071 1 GBP 81.6938 81.2976 100 YEN 63.93 63.44 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8566 on October 28, 2016. The corresponding rate for the previous day (October 27, 2016) was ₹ 66.8854. 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 27, 2016 October 28, 2016 1 EUR 72.9385 72.9071 1 GBP 81.6938 81.2976 100 YEN 63.93 63.44 Note : The SDR-Ru
Oct 27, 2016
RBI releases data on ECB/FCCB/RDB for September 2016
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of September 2016. Ajit Prasad Assistant Adviser Press Release: 2016-2017/1044
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of September 2016. Ajit Prasad Assistant Adviser Press Release: 2016-2017/1044
Oct 27, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8854 on October 27, 2016. The corresponding rate for the previous day (October 26, 2016) was ₹ 66.7621. 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 26, 2016 October 27, 2016 1 EUR 72.8174 72.9385 1 GBP 81.3630 81.6938 100 YEN 64.13 63.93 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8854 on October 27, 2016. The corresponding rate for the previous day (October 26, 2016) was ₹ 66.7621. 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 26, 2016 October 27, 2016 1 EUR 72.8174 72.9385 1 GBP 81.3630 81.6938 100 YEN 64.13 63.93 Note : The SDR-Ru
Oct 26, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7621 on October 26, 2016. The corresponding rate for the previous day (October 25, 2016) was ₹ 66.8777. 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 25, 2016 October 26, 2016 1 EUR 72.7897 72.8174 1 GBP 81.7714 81.3630 100 YEN 64.06 64.13 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7621 on October 26, 2016. The corresponding rate for the previous day (October 25, 2016) was ₹ 66.8777. 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 25, 2016 October 26, 2016 1 EUR 72.7897 72.8174 1 GBP 81.7714 81.3630 100 YEN 64.06 64.13 Note : The SDR-Ru
Oct 25, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8777 on October 25, 2016. The corresponding rate for the previous day (October 24, 2016) was ₹ 66.8625. 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 24, 2016 October 25, 2016 1 EUR 72.7999 72.7897 1 GBP 81.6725 81.7714 100 YEN 64.43 64.06 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8777 on October 25, 2016. The corresponding rate for the previous day (October 24, 2016) was ₹ 66.8625. 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 24, 2016 October 25, 2016 1 EUR 72.7999 72.7897 1 GBP 81.6725 81.7714 100 YEN 64.43 64.06 Note : The SDR-Ru
Oct 24, 2016
M/s Aditya Birla Nuvo Ltd. raises Foreign Investment limit from 24 per cent to 30 per cent : RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest up to 30 per cent of the paid up capital of M/s Aditya Birla Nuvo Ltd. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors has passed a resolution and its shareholders have passed a special
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest up to 30 per cent of the paid up capital of M/s Aditya Birla Nuvo Ltd. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors has passed a resolution and its shareholders have passed a special
Oct 24, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8625 on October 24, 2016. The corresponding rate for the previous day (October 21, 2016) was ₹ 66.8943. 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 21, 2016 October 24, 2016 1 EUR 72.9750 72.7999 1 GBP 81.9589 81.6725 100 YEN 64.40 64.43 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8625 on October 24, 2016. The corresponding rate for the previous day (October 21, 2016) was ₹ 66.8943. 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 21, 2016 October 24, 2016 1 EUR 72.9750 72.7999 1 GBP 81.9589 81.6725 100 YEN 64.40 64.43 Note : The SDR-Ru
Oct 21, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8943 on October 21, 2016. The corresponding rate for the previous day (October 20, 2016) was ₹ 66.7411. 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 20, 2016 October 21, 2016 1 EUR 73.1482 72.9750 1 GBP 81.9114 81.9589 100 YEN 64.35 64.40 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8943 on October 21, 2016. The corresponding rate for the previous day (October 20, 2016) was ₹ 66.7411. 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 20, 2016 October 21, 2016 1 EUR 73.1482 72.9750 1 GBP 81.9114 81.9589 100 YEN 64.35 64.40 Note : The SDR-Ru
Oct 21, 2016
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 10, 2016 to October 14, 2016. 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 10-10-2016 1,430 551 169 307 249 211 4,297 2,706 727 2,603 1,246 58 13-10-2016 3,698 2,098
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 10, 2016 to October 14, 2016. 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 10-10-2016 1,430 551 169 307 249 211 4,297 2,706 727 2,603 1,246 58 13-10-2016 3,698 2,098
Oct 20, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7411 on October 20, 2016. The corresponding rate for the previous day (October 19, 2016) was ₹ 66.7145. 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 19, 2016 October 20, 2016 1 EUR 73.2125 73.1482 1 GBP 81.7853 81.9114 100 YEN 64.40 64.35 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7411 on October 20, 2016. The corresponding rate for the previous day (October 19, 2016) was ₹ 66.7145. 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 19, 2016 October 20, 2016 1 EUR 73.2125 73.1482 1 GBP 81.7853 81.9114 100 YEN 64.40 64.35 Note : The SDR-Ru
Oct 19, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7145 on October 19, 2016. The corresponding rate for the previous day (October 18, 2016) was ₹ 66.7268. 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 18, 2016 October 19, 2016 1 EUR 73.5463 73.2125 1 GBP 81.7136 81.7853 100 YEN 64.14 64.40 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7145 on October 19, 2016. The corresponding rate for the previous day (October 18, 2016) was ₹ 66.7268. 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 18, 2016 October 19, 2016 1 EUR 73.5463 73.2125 1 GBP 81.7136 81.7853 100 YEN 64.14 64.40 Note : The SDR-Ru
Oct 18, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7268 on October 18, 2016. The corresponding rate for the previous day (October 17, 2016) was ₹ 66.7779. 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 17, 2016 October 18, 2016 1 EUR 73.3689 73.5463 1 GBP 81.3088 81.7136 100 YEN 64.12 64.14 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7268 on October 18, 2016. The corresponding rate for the previous day (October 17, 2016) was ₹ 66.7779. 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 17, 2016 October 18, 2016 1 EUR 73.3689 73.5463 1 GBP 81.3088 81.7136 100 YEN 64.12 64.14 Note : The SDR-Ru
Oct 17, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7779 on October 17, 2016. The corresponding rate for the previous day (October 14, 2016) was ₹ 66.8481. 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 14, 2016 October 17, 2016 1 EUR 73.6867 73.3689 1 GBP 81.4811 81.3088 100 YEN 64.23 64.12 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7779 on October 17, 2016. The corresponding rate for the previous day (October 14, 2016) was ₹ 66.8481. 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 14, 2016 October 17, 2016 1 EUR 73.6867 73.3689 1 GBP 81.4811 81.3088 100 YEN 64.23 64.12 Note : The SDR-Ru
Oct 14, 2016
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 03, 2016 to October 07, 2016. 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 03-10-2016 1,904 711 483 168 239 211 7,895 10,275 148 2,897 2,501 39 04-10-2016 2,273 861 7
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 03, 2016 to October 07, 2016. 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 03-10-2016 1,904 711 483 168 239 211 7,895 10,275 148 2,897 2,501 39 04-10-2016 2,273 861 7
Oct 14, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8481 on October 14, 2016. The corresponding rate for the previous day (October 13, 2016) was ₹ 66.8473. 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 13, 2016 October 14, 2016 1 EUR 73.6657 73.6867 1 GBP 81.3131 81.4811 100 YEN 64.44 64.23 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8481 on October 14, 2016. The corresponding rate for the previous day (October 13, 2016) was ₹ 66.8473. 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 13, 2016 October 14, 2016 1 EUR 73.6657 73.6867 1 GBP 81.3131 81.4811 100 YEN 64.44 64.23 Note : The SDR-Ru
Oct 13, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8473 on October 13, 2016. The corresponding rate for the previous day (October 10, 2016) was ₹ 66.5856. 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, 2016 October 13, 2016 1 EUR 74.4027 73.6657 1 GBP 82.4796 81.3131 100 YEN 64.56 64.44 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8473 on October 13, 2016. The corresponding rate for the previous day (October 10, 2016) was ₹ 66.5856. 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, 2016 October 13, 2016 1 EUR 74.4027 73.6657 1 GBP 82.4796 81.3131 100 YEN 64.56 64.44 Note : The SDR-Ru
Oct 10, 2016
Overseas Direct Investment for September 2016
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 September 2016. Anirudha D. Jadhav Assistant Manager Press Release: 2016-2017/905
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 September 2016. Anirudha D. Jadhav Assistant Manager Press Release: 2016-2017/905
Oct 10, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5856 on October 10, 2016. The corresponding rate for the previous day (October 07, 2016) was ₹ 66.7875. 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 07, 2016 October 10, 2016 1 EUR 74.2744 74.4027 1 GBP 83.2373 82.4796 100 YEN 64.30 64.56 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5856 on October 10, 2016. The corresponding rate for the previous day (October 07, 2016) was ₹ 66.7875. 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 07, 2016 October 10, 2016 1 EUR 74.2744 74.4027 1 GBP 83.2373 82.4796 100 YEN 64.30 64.56 Note : The SDR-Ru
Oct 07, 2016
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 September 26, 2016 to September 30, 2016. 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 26-09-2016 3,287 703 1,054 218 169 115 6,003 8,342 567 3,548 1,789 47 27-09-2016 1,662
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 26, 2016 to September 30, 2016. 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 26-09-2016 3,287 703 1,054 218 169 115 6,003 8,342 567 3,548 1,789 47 27-09-2016 1,662
Oct 07, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7875 on October 07, 2016. The corresponding rate for the previous day (October 06, 2016) was ₹ 66.6322. 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, 2016 October 07, 2016 1 EUR 74.5814 74.2744 1 GBP 84.6695 83.2373 100 YEN 64.34 64.30 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7875 on October 07, 2016. The corresponding rate for the previous day (October 06, 2016) was ₹ 66.6322. 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, 2016 October 07, 2016 1 EUR 74.5814 74.2744 1 GBP 84.6695 83.2373 100 YEN 64.34 64.30 Note : The SDR-Ru
Oct 06, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6322 on October 06, 2016. The corresponding rate for the previous day (October 05, 2016) was ₹ 66.5699. 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, 2016 October 06, 2016 1 EUR 74.6515 74.5814 1 GBP 84.4772 84.6695 100 YEN 64.70 64.34 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6322 on October 06, 2016. The corresponding rate for the previous day (October 05, 2016) was ₹ 66.5699. 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, 2016 October 06, 2016 1 EUR 74.6515 74.5814 1 GBP 84.4772 84.6695 100 YEN 64.70 64.34 Note : The SDR-Ru
Oct 05, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5699 on October 05, 2016. The corresponding rate for the previous day (October 04, 2016) was ₹ 66.5559. 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, 2016 October 05, 2016 1 EUR 74.4428 74.6515 1 GBP 85.3180 84.4772 100 YEN 65.08 64.70 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5699 on October 05, 2016. The corresponding rate for the previous day (October 04, 2016) was ₹ 66.5559. 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, 2016 October 05, 2016 1 EUR 74.4428 74.6515 1 GBP 85.3180 84.4772 100 YEN 65.08 64.70 Note : The SDR-Ru
Oct 04, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5559 on October 04, 2016. The corresponding rate for the previous day (October 03, 2016) was ₹ 66.5330. 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, 2016 October 04, 2016 1 EUR 74.7166 74.4428 1 GBP 85.8675 85.3180 100 YEN 65.70 65.08 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5559 on October 04, 2016. The corresponding rate for the previous day (October 03, 2016) was ₹ 66.5330. 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, 2016 October 04, 2016 1 EUR 74.7166 74.4428 1 GBP 85.8675 85.3180 100 YEN 65.70 65.08 Note : The SDR-Ru
Oct 03, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5330 on October 03, 2016. The corresponding rate for the previous day (September 30, 2016) was ₹ 66.6596. 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 30, 2016 October 03, 2016 1 EUR 74.7521 74.7166 1 GBP 86.4242 85.8675 100 YEN 66.05 65.70 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5330 on October 03, 2016. The corresponding rate for the previous day (September 30, 2016) was ₹ 66.6596. 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 30, 2016 October 03, 2016 1 EUR 74.7521 74.7166 1 GBP 86.4242 85.8675 100 YEN 66.05 65.70 Note : The SD
Sep 30, 2016
RBI seeks Feedback on Draft Framework for approving Indian Parties investing in Overseas Startups through Overseas Technology Fund
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the proposed draft framework for according approval to Indian parties investing in overseas startups through an overseas technology fund under the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004, as amended from time to time. Comments/ feedback on the draft framework may be e-mailed on or before October 12, 2016.Background The Reserve Bank h
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the proposed draft framework for according approval to Indian parties investing in overseas startups through an overseas technology fund under the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004, as amended from time to time. Comments/ feedback on the draft framework may be e-mailed on or before October 12, 2016.Background The Reserve Bank h
Sep 30, 2016
M/s Adani Ports and Special Economic Zone Limited raises Foreign Investment limit from 40 percent to 49 percent: RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 49 per cent of the paid up capital of M/s Adani Ports and Special Economic Zone Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholder
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 49 per cent of the paid up capital of M/s Adani Ports and Special Economic Zone Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholder
Sep 30, 2016
M/s Multi Commodity Exchange of India Limited raises Foreign Investment limit from 24 percent to 34 percent: RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 34 per cent of the paid up capital of M/s Multi Commodity Exchange of India Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders ha
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 34 per cent of the paid up capital of M/s Multi Commodity Exchange of India Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders ha
Sep 30, 2016
India’s External Debt as at the end of June 2016
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2016 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2016 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
Sep 30, 2016
India’s International Investment Position (IIP), June 2016
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
Sep 30, 2016
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 September 19, 2016 to September 23, 2016. 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 19-09-2016 4,033 585 405 210 208 258 7,667 7,024 683 2,955 1,151 516 20-09-2016 2,712 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 19, 2016 to September 23, 2016. 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 19-09-2016 4,033 585 405 210 208 258 7,667 7,024 683 2,955 1,151 516 20-09-2016 2,712 1
Sep 30, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6596 on September 30, 2016. The corresponding rate for the previous day (September 29, 2016) was ₹ 66.5521. 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 29, 2016 September 30, 2016 1 EUR 74.6848 74.7521 1 GBP 86.6109 86.4242 100 YEN 65.43 66.05 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6596 on September 30, 2016. The corresponding rate for the previous day (September 29, 2016) was ₹ 66.5521. 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 29, 2016 September 30, 2016 1 EUR 74.6848 74.7521 1 GBP 86.6109 86.4242 100 YEN 65.43 66.05 Note : Th
Sep 29, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5521 on September 29, 2016. The corresponding rate for the previous day (September 28, 2016) was ₹ 66.4482. 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 28, 2016 September 29, 2016 1 EUR 74.4552 74.6848 1 GBP 86.4823 86.6109 100 YEN 66.09 65.43 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5521 on September 29, 2016. The corresponding rate for the previous day (September 28, 2016) was ₹ 66.4482. 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 28, 2016 September 29, 2016 1 EUR 74.4552 74.6848 1 GBP 86.4823 86.6109 100 YEN 66.09 65.43 Note : Th
Sep 28, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4482 on September 28, 2016. The corresponding rate for the previous day (September 27, 2016) was ₹ 66.4627. 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 27, 2016 September 28, 2016 1 EUR 74.7373 74.4552 1 GBP 86.3417 86.4823 100 YEN 65.84 66.09 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4482 on September 28, 2016. The corresponding rate for the previous day (September 27, 2016) was ₹ 66.4627. 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 27, 2016 September 28, 2016 1 EUR 74.7373 74.4552 1 GBP 86.3417 86.4823 100 YEN 65.84 66.09 Note : Th
Sep 27, 2016
M/s Motherson Sumi Systems Limited raises Foreign Investment limit from 24 percent to 30 percent: RBI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 30 per cent of the paid up capital of M/s Motherson Sumi Systems Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders have passed a
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 30 per cent of the paid up capital of M/s Motherson Sumi Systems Limited. The purchases could be made through primary market and stock exchanges. The Reserve Bank has stated that the company’s Board of Directors’ has passed a resolution and its shareholders have passed a
Sep 27, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4627 on September 27, 2016. The corresponding rate for the previous day (September 26, 2016) was ₹ 66.7095. 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 26, 2016 September 27, 2016 1 EUR 74.8814 74.7373 1 GBP 86.4689 86.3417 100 YEN 66.13 65.84 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4627 on September 27, 2016. The corresponding rate for the previous day (September 26, 2016) was ₹ 66.7095. 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 26, 2016 September 27, 2016 1 EUR 74.8814 74.7373 1 GBP 86.4689 86.3417 100 YEN 66.13 65.84 Note : Th
Sep 26, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7095 on September 26, 2016. The corresponding rate for the previous day (September 23, 2016) was ₹ 66.6519. 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 23, 2016 September 26, 2016 1 EUR 74.6701 74.8814 1 GBP 86.9207 86.4689 100 YEN 66.08 66.13 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7095 on September 26, 2016. The corresponding rate for the previous day (September 23, 2016) was ₹ 66.6519. 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 23, 2016 September 26, 2016 1 EUR 74.6701 74.8814 1 GBP 86.9207 86.4689 100 YEN 66.08 66.13 Note : Th
Sep 23, 2016
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 September 12, 2016 to September 16, 2016. 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 12-09-2016 2,199 2,047 632 154 193 218 8,234 7,149 586 3,233 1,587 63 14-09-2016 3,005
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 12, 2016 to September 16, 2016. 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 12-09-2016 2,199 2,047 632 154 193 218 8,234 7,149 586 3,233 1,587 63 14-09-2016 3,005
Sep 23, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6519 on September 23, 2016. The corresponding rate for the previous day (September 22, 2016) was ₹ 66.8451. 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 22, 2016 September 23, 2016 1 EUR 75.0203 74.6701 1 GBP 87.3398 86.9207 100 YEN 66.65 66.08 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6519 on September 23, 2016. The corresponding rate for the previous day (September 22, 2016) was ₹ 66.8451. 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 22, 2016 September 23, 2016 1 EUR 75.0203 74.6701 1 GBP 87.3398 86.9207 100 YEN 66.65 66.08 Note : Th
Sep 22, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8451 on September 22, 2016. The corresponding rate for the previous day (September 21, 2016) was ₹ 67.0631. 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 21, 2016 September 22, 2016 1 EUR 74.6949 75.0203 1 GBP 87.0077 87.3398 100 YEN 65.49 66.65 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8451 on September 22, 2016. The corresponding rate for the previous day (September 21, 2016) was ₹ 67.0631. 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 21, 2016 September 22, 2016 1 EUR 74.6949 75.0203 1 GBP 87.0077 87.3398 100 YEN 65.49 66.65 Note : Th
Sep 22, 2016
RBI releases data on ECB / FCCB for August 2016
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of August 2016. Ajit Prasad Assistant Adviser Press Release: 2016-2017/734
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of August 2016. Ajit Prasad Assistant Adviser Press Release: 2016-2017/734
Sep 21, 2016
Sources of Variation in Foreign Exchange Reserves in India during April-June 2016
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for April-June 2016 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June, 2016 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-June 2016 The sources of variation underlying the increase in the foreign exchange reserves during April-June 2016 are set out in Table 1. Table 1: Sources
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for April-June 2016 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June, 2016 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-June 2016 The sources of variation underlying the increase in the foreign exchange reserves during April-June 2016 are set out in Table 1. Table 1: Sources
Sep 21, 2016
Developments in India’s Balance of Payments during the First Quarter (April-June) of 2016-17
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June, 2016-17 are presented in Statements I (BPM6 format) and II (old format). Key Features The current account deficit (CAD) narrowed to US$ 0.3 billion (0.1 per cent of GDP) in Q1 of 2016-17, significantly lower than US$ 6.1 billion (1.2 per cent of GDP) in Q1 of 2015-16 (Table 1). The contraction in the CAD was primarily on account of a lower trade deficit (US$ 23.8 billion
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June, 2016-17 are presented in Statements I (BPM6 format) and II (old format). Key Features The current account deficit (CAD) narrowed to US$ 0.3 billion (0.1 per cent of GDP) in Q1 of 2016-17, significantly lower than US$ 6.1 billion (1.2 per cent of GDP) in Q1 of 2015-16 (Table 1). The contraction in the CAD was primarily on account of a lower trade deficit (US$ 23.8 billion
Sep 21, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0631 on September 21, 2016. The corresponding rate for the previous day (September 20, 2016) was ₹ 67.0200. 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 20, 2016 September 21, 2016 1 EUR 74.8814 74.6949 1 GBP 87.3740 87.0077 100 YEN 65.86 65.49 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0631 on September 21, 2016. The corresponding rate for the previous day (September 20, 2016) was ₹ 67.0200. 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 20, 2016 September 21, 2016 1 EUR 74.8814 74.6949 1 GBP 87.3740 87.0077 100 YEN 65.86 65.49 Note : Th
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