Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Press Releases
Dec 02, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9255 on December 02, 2014. The corresponding rate for the previous day (December 01, 2014) was ` 62.1377. 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 01, 2014 December 02, 2014 1 EUR 77.3677 77.2149 1 GBP 97.0529 97.3902 100 YEN 52.26 52.31 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9255 on December 02, 2014. The corresponding rate for the previous day (December 01, 2014) was ` 62.1377. 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 01, 2014 December 02, 2014 1 EUR 77.3677 77.2149 1 GBP 97.0529 97.3902 100 YEN 52.26 52.31 Note : The SD
Dec 01, 2014
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 13, 2014 to October 17, 2014. 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 13-10-2014 1,155 1,539 590 464 454 361 4,268 3,784 1,560 2,916 672 88 14-10-2014 2,362 1,83
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 13, 2014 to October 17, 2014. 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 13-10-2014 1,155 1,539 590 464 454 361 4,268 3,784 1,560 2,916 672 88 14-10-2014 2,362 1,83
Dec 01, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1377 on December 01, 2014. The corresponding rate for the previous day (November 28, 2014) was `61.9736. 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 28, 2014 December 01, 2014 1 EUR 77.1633 77.3677 1 GBP 97.3667 97.0529 100 YEN 52.45 52.26 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1377 on December 01, 2014. The corresponding rate for the previous day (November 28, 2014) was `61.9736. 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 28, 2014 December 01, 2014 1 EUR 77.1633 77.3677 1 GBP 97.3667 97.0529 100 YEN 52.45 52.26 Note : The SDR-
Nov 28, 2014
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 06, 2014 to October 10, 2014. 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 07-10-2014 4,152 1,478 867 937 844 823 8,720 6,848 342 4,552 2,681 233 08-10-2014 3,560 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period October 06, 2014 to October 10, 2014. 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 07-10-2014 4,152 1,478 867 937 844 823 8,720 6,848 342 4,552 2,681 233 08-10-2014 3,560 1,3
Nov 28, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9736 on November 28, 2014. The corresponding rate for the previous day (November 27, 2014) was ` 61.8650. 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 27, 2014 November 28, 2014 1 EUR 77.3746 77.1633 1 GBP 97.6910 97.3667 100 YEN 52.71 52.45 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9736 on November 28, 2014. The corresponding rate for the previous day (November 27, 2014) was ` 61.8650. 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 27, 2014 November 28, 2014 1 EUR 77.3746 77.1633 1 GBP 97.6910 97.3667 100 YEN 52.71 52.45 Note : The SD
Nov 27, 2014
FIIs/RFPIs can now invest up to75 per cent under PIS in M/s Just Dial Limited
The Reserve Bank of India has today advised that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 75 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Just Dial Limited under the Portfolio Investment Scheme. 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 th
The Reserve Bank of India has today advised that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 75 per cent (revised from earlier limit of 49 per cent) of the paid up capital of M/s Just Dial Limited under the Portfolio Investment Scheme. 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 th
Nov 27, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8650 on November 27, 2014. The corresponding rate for the previous day (November 26, 2014) was `61.8658. 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 26, 2014 November 27, 2014 1 EUR 77.2147 77.3746 1 GBP 97.2283 97.6910 100 YEN 52.56 52.71 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8650 on November 27, 2014. The corresponding rate for the previous day (November 26, 2014) was `61.8658. 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 26, 2014 November 27, 2014 1 EUR 77.2147 77.3746 1 GBP 97.2283 97.6910 100 YEN 52.56 52.71 Note : The SDR-
Nov 26, 2014
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 29, 2014 to October 03, 2014. 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 29-09-2014 3,148 2,860 1,872 598 500 547 9,865 8,573 714 3,470 2,656 159 30-09-2014 4,132
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 29, 2014 to October 03, 2014. 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 29-09-2014 3,148 2,860 1,872 598 500 547 9,865 8,573 714 3,470 2,656 159 30-09-2014 4,132
Nov 26, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8658 on November 26, 2014. The corresponding rate for the previous day (November 25, 2014) was `61.9195. 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 25, 2014 November 26, 2014 1 EUR 76.9288 77.2147 1 GBP 97.1207 97.2283 100 YEN 52.52 52.56 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is `61.8658 on November 26, 2014. The corresponding rate for the previous day (November 25, 2014) was `61.9195. 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 25, 2014 November 26, 2014 1 EUR 76.9288 77.2147 1 GBP 97.1207 97.2283 100 YEN 52.52 52.56 Note : The SDR-
Nov 25, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9195 on November 25, 2014. The corresponding rate for the previous day (November 24, 2014) was ` 61.7798. 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 24, 2014 November 25, 2014 1 EUR 76.5946 76.9288 1 GBP 96.7842 97.1207 100 YEN 52.41 52.52 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.9195 on November 25, 2014. The corresponding rate for the previous day (November 24, 2014) was ` 61.7798. 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 24, 2014 November 25, 2014 1 EUR 76.5946 76.9288 1 GBP 96.7842 97.1207 100 YEN 52.41 52.52 Note : The SD
Nov 24, 2014
FIIs/RFPIs can now invest up to 45 per cent under PIS in M/s CEAT 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 CEAT Limited under the Portfolio Investment Scheme. 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 of its equity shares an
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 CEAT Limited under the Portfolio Investment Scheme. 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 of its equity shares an
Nov 24, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.7798 on November 24, 2014. The corresponding rate for the previous day (November 21, 2014) was ` 61.8505. 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 21, 2014 November 24, 2014 1 EUR 77.6224 76.5946 1 GBP 97.0125 96.7842 100 YEN 52.53 52.41 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.7798 on November 24, 2014. The corresponding rate for the previous day (November 21, 2014) was ` 61.8505. 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 21, 2014 November 24, 2014 1 EUR 77.6224 76.5946 1 GBP 97.0125 96.7842 100 YEN 52.53 52.41 Note : The SD
Nov 21, 2014
Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Caution List - FII/RFPIs : M/s Power Grid Corporation of India Ltd.
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Power Grid Corporation of India Ltd. has reached the trigger limit. Therefore, further purchases of equity shares of this bank would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release : 2014-2015/1045
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Power Grid Corporation of India Ltd. has reached the trigger limit. Therefore, further purchases of equity shares of this bank would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release : 2014-2015/1045
Nov 21, 2014
Data on ECB / FCCB for October 2014
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 October 2014. Ajit Prasad Assistant General Manager Press Release: 2014-2015/1039
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 October 2014. Ajit Prasad Assistant General Manager Press Release: 2014-2015/1039
Nov 21, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8505 on November 21, 2014. The corresponding rate for the previous day (November 20, 2014) was ` 62.1044. 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 20, 2014 November 21, 2014 1 EUR 77.9100 77.6224 1 GBP 97.3176 97.0125 100 YEN 52.34 52.53 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8505 on November 21, 2014. The corresponding rate for the previous day (November 20, 2014) was ` 62.1044. 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 20, 2014 November 21, 2014 1 EUR 77.9100 77.6224 1 GBP 97.3176 97.0125 100 YEN 52.34 52.53 Note : The SD
Nov 20, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Removal from the Caution List- GDR/ADR/FDI/NRI/PIO/FII/RFPIs: M/s Yes Bank Ltd
The Reserve Bank of India has today notified that the aggregate share holdings in M/s Yes Bank Ltd. by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDR)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the restricti
The Reserve Bank of India has today notified that the aggregate share holdings in M/s Yes Bank Ltd. by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDR)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the restricti
Nov 20, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1044 on November 20, 2014. The corresponding rate for the previous day (November 19, 2014) was ` 61.8280. 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 19, 2014 November 20, 2014 1 EUR 77.4210 77.9100 1 GBP 96.5568 97.3176 100 YEN 52.71 52.34 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1044 on November 20, 2014. The corresponding rate for the previous day (November 19, 2014) was ` 61.8280. 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 19, 2014 November 20, 2014 1 EUR 77.4210 77.9100 1 GBP 96.5568 97.3176 100 YEN 52.71 52.34 Note : The SD
Nov 19, 2014
FIIs/RFPIs can now invest up to 35 per cent under PIS in M/s Pennar Industries Limited - Removal from the Caution List
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 Pennar Industries Limited has gone below the revised threshold 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. The RBI further advised that FIIs/RFPIs can now invest up to 35 per cent of
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 Pennar Industries Limited has gone below the revised threshold 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. The RBI further advised that FIIs/RFPIs can now invest up to 35 per cent of
Nov 19, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8280 on November 19, 2014. The corresponding rate for the previous day (November 18, 2014) was ` 61.8080. 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 18, 2014 November 19, 2014 1 EUR 77.0931 77.4210 1 GBP 96.7666 96.5568 100 YEN 52.97 52.71 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8280 on November 19, 2014. The corresponding rate for the previous day (November 18, 2014) was ` 61.8080. 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 18, 2014 November 19, 2014 1 EUR 77.0931 77.4210 1 GBP 96.7666 96.5568 100 YEN 52.97 52.71 Note : The SD
Nov 18, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8080 on November 18, 2014. The corresponding rate for the previous day (November 17, 2014) was ` 61.6780. 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 17, 2014 November 18, 2014 1 EUR 77.3565 77.0931 1 GBP 96.9393 96.7666 100 YEN 53.28 52.97 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.8080 on November 18, 2014. The corresponding rate for the previous day (November 17, 2014) was ` 61.6780. 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 17, 2014 November 18, 2014 1 EUR 77.3565 77.0931 1 GBP 96.9393 96.7666 100 YEN 53.28 52.97 Note : The SD
Nov 17, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6780 on November 17, 2014. The corresponding rate for the previous day (November 14, 2014) was ` 61.6475. 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 14, 2014 November 17, 2014 1 EUR 76.6957 77.3565 1 GBP 96.5400 96.9393 100 YEN 53.04 53.28 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6780 on November 17, 2014. The corresponding rate for the previous day (November 14, 2014) was ` 61.6475. 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 14, 2014 November 17, 2014 1 EUR 76.6957 77.3565 1 GBP 96.5400 96.9393 100 YEN 53.04 53.28 Note : The SD
Nov 14, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6475 on November 14, 2014. The corresponding rate for the previous day (November 13, 2014) was ` 61.5560. 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 13, 2014 November 14, 2014 1 EUR 76.6126 76.6957 1 GBP 97.0984 96.5400 100 YEN 53.18 53.04 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6475 on November 14, 2014. The corresponding rate for the previous day (November 13, 2014) was ` 61.5560. 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 13, 2014 November 14, 2014 1 EUR 76.6126 76.6957 1 GBP 97.0984 96.5400 100 YEN 53.18 53.04 Note : The SD
Nov 13, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5560 on November 13, 2014. The corresponding rate for the previous day (November 12, 2014) was ` 61.4785. 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 12, 2014 November 13, 2014 1 EUR 76.7866 76.6126 1 GBP 97.9230 97.0984 100 YEN 53.34 53.18 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5560 on November 13, 2014. The corresponding rate for the previous day (November 12, 2014) was ` 61.4785. 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 12, 2014 November 13, 2014 1 EUR 76.7866 76.6126 1 GBP 97.9230 97.0984 100 YEN 53.34 53.18 Note : The SD
Nov 12, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4785 on November 12, 2014. The corresponding rate for the previous day (November 11, 2014) was ` 61.5500. 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 11, 2014 November 12, 2014 1 EUR 76.4820 76.7866 1 GBP 97.5260 97.9230 100 YEN 53.43 53.34 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4785 on November 12, 2014. The corresponding rate for the previous day (November 11, 2014) was ` 61.5500. 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 11, 2014 November 12, 2014 1 EUR 76.4820 76.7866 1 GBP 97.5260 97.9230 100 YEN 53.43 53.34 Note : The SD
Nov 11, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5500 on November 11, 2014. The corresponding rate for the previous day (November 10, 2014) was ` 61.4513. 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 10, 2014 November 11, 2014 1 EUR 76.6789 76.4820 1 GBP 97.7567 97.5260 100 YEN 53.86 53.43 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5500 on November 11, 2014. The corresponding rate for the previous day (November 10, 2014) was ` 61.4513. 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 10, 2014 November 11, 2014 1 EUR 76.6789 76.4820 1 GBP 97.7567 97.5260 100 YEN 53.86 53.43 Note : The SD
Nov 10, 2014
Overseas Direct Investment for October 2014
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of October 2014. Sangeeta Das Director Press Release: 2014-2015/951
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of October 2014. Sangeeta Das Director Press Release: 2014-2015/951
Nov 10, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4513 on November 10, 2014. The corresponding rate for the previous day (November 7, 2014) was ` 61.5205. 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 7, 2014 November 10, 2014 1 EUR 76.1562 76.6789 1 GBP 97.3931 97.7567 100 YEN 53.31 53.86 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4513 on November 10, 2014. The corresponding rate for the previous day (November 7, 2014) was ` 61.5205. 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 7, 2014 November 10, 2014 1 EUR 76.1562 76.6789 1 GBP 97.3931 97.7567 100 YEN 53.31 53.86 Note : The SDR-
Nov 07, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5205 on November 7, 2014. The corresponding rate for the previous day (November 5, 2014) was ` 61.3870. 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 5, 2014 November 7, 2014 1 EUR 76.9854 76.1562 1 GBP 98.0043 97.3931 100 YEN 53.76 53.31 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.5205 on November 7, 2014. The corresponding rate for the previous day (November 5, 2014) was ` 61.3870. 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 5, 2014 November 7, 2014 1 EUR 76.9854 76.1562 1 GBP 98.0043 97.3931 100 YEN 53.76 53.31 Note : The SDR-Ru
Nov 05, 2014
FIIs/RFPIs can now invest up to 40 per cent under PIS in M/s Edelweiss Financial Services Limited
The Reserve Bank of India has today notified that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent of the paid up capital of M/s Edelweiss Financial Services Limited under the Portfolio Investment Scheme. 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 from 28 per cent
The Reserve Bank of India has today notified that foreign institutional investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent of the paid up capital of M/s Edelweiss Financial Services Limited under the Portfolio Investment Scheme. 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 from 28 per cent
Nov 05, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3870 on November 5, 2014. The corresponding rate for the previous day (November 3, 2014) was ` 61.4118. 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 3, 2014 November 5, 2014 1 EUR 76.6665 76.9854 1 GBP 98.0624 98.0043 100 YEN 54.48 53.76 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3870 on November 5, 2014. The corresponding rate for the previous day (November 3, 2014) was ` 61.4118. 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 3, 2014 November 5, 2014 1 EUR 76.6665 76.9854 1 GBP 98.0624 98.0043 100 YEN 54.48 53.76 Note : The SDR-Ru
Nov 03, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4118 on November 3, 2014. The corresponding rate for the previous day (October 31, 2014) was ` 61.4080. 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 31, 2014 November 3, 2014 1 EUR 77.1899 76.6665 1 GBP 98.0624 98.0624 100 YEN 55.28 54.48 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4118 on November 3, 2014. The corresponding rate for the previous day (October 31, 2014) was ` 61.4080. 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 31, 2014 November 3, 2014 1 EUR 77.1899 76.6665 1 GBP 98.0624 98.0624 100 YEN 55.28 54.48 Note : The SDR-Ru
Oct 31, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4080 on October 31, 2014. The corresponding rate for the previous day (October 30, 2014) was ` 61.4636. 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 30, 2014 October 31, 2014 1 EUR 77.4503 77.1899 1 GBP 98.2127 98.0624 100 YEN 56.34 55.28 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4080 on October 31, 2014. The corresponding rate for the previous day (October 30, 2014) was ` 61.4636. 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 30, 2014 October 31, 2014 1 EUR 77.4503 77.1899 1 GBP 98.2127 98.0624 100 YEN 56.34 55.28 Note : The SDR-Ru
Oct 30, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Removal from the Caution List- GDR/ADR/FDI/NRI/PIO/FII/RFPI: M/s ING Vysya Bank Ltd
The Reserve Bank of India has today notified that the aggregate share holdings in M/s ING Vysya Bank Ltd. by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDRs)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the re
The Reserve Bank of India has today notified that the aggregate share holdings in M/s ING Vysya Bank Ltd. by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDRs)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy. Hence the re
Oct 30, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4636 on October 30, 2014. The corresponding rate for the previous day (October 29, 2014) was ` 61.3175. 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 29, 2014 October 30, 2014 1 EUR 78.1430 77.4503 1 GBP 99.0032 98.2127 100 YEN 56.76 56.34 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4636 on October 30, 2014. The corresponding rate for the previous day (October 29, 2014) was ` 61.3175. 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 29, 2014 October 30, 2014 1 EUR 78.1430 77.4503 1 GBP 99.0032 98.2127 100 YEN 56.76 56.34 Note : The SDR-Ru
Oct 29, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3175 on October 29, 2014. The corresponding rate for the previous day (October 28, 2014) was ` 61.3524. 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, 2014 October 29, 2014 1 EUR 77.9237 78.1430 1 GBP 98.9307 99.0032 100 YEN 56.89 56.76 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3175 on October 29, 2014. The corresponding rate for the previous day (October 28, 2014) was ` 61.3524. 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, 2014 October 29, 2014 1 EUR 77.9237 78.1430 1 GBP 98.9307 99.0032 100 YEN 56.89 56.76 Note : The SDR-Ru
Oct 28, 2014
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s Hero MotoCorp Ltd. (Earlier Hero Honda Motors Ltd.)
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 Hero MotoCorp Ltd. (Earlier Hero Honda Motors Ltd.) under the Portfolio Investment Scheme. 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 f
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 Hero MotoCorp Ltd. (Earlier Hero Honda Motors Ltd.) under the Portfolio Investment Scheme. 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 f
Oct 28, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3524 on October 28, 2014. The corresponding rate for the previous day (October 27, 2014) was ` 61.2290. 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, 2014 October 28, 2014 1 EUR 77.7547 77.9237 1 GBP 98.5297 98.9307 100 YEN 56.71 56.89 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3524 on October 28, 2014. The corresponding rate for the previous day (October 27, 2014) was ` 61.2290. 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, 2014 October 28, 2014 1 EUR 77.7547 77.9237 1 GBP 98.5297 98.9307 100 YEN 56.71 56.89 Note : The SDR-Ru
Oct 27, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2290 on October 27, 2014. The corresponding rate for the previous day (October 22, 2014) was ` 61.2355. 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 22, 2014 October 27, 2014 1 EUR 77.9650 77.7547 1 GBP 98.6688 98.5297 100 YEN 57.27 56.71 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2290 on October 27, 2014. The corresponding rate for the previous day (October 22, 2014) was ` 61.2355. 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 22, 2014 October 27, 2014 1 EUR 77.9650 77.7547 1 GBP 98.6688 98.5297 100 YEN 57.27 56.71 Note : The SDR-Ru
Oct 22, 2014
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 22, 2014 to September 26, 2014. 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 22-09-2014 3,416 1,216 461 415 284 192 7,955 7,481 466 2,898 2,444 130 23-09-2014 2,407
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 22, 2014 to September 26, 2014. 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 22-09-2014 3,416 1,216 461 415 284 192 7,955 7,481 466 2,898 2,444 130 23-09-2014 2,407
Oct 22, 2014
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 15, 2014 to September 19, 2014. 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 15-09-2014 2,761 1,786 776 577 109 89 9,472 6,706 285 2,867 1,054 78 16-09-2014 2,586 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 15, 2014 to September 19, 2014. 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 15-09-2014 2,761 1,786 776 577 109 89 9,472 6,706 285 2,867 1,054 78 16-09-2014 2,586 1
Oct 22, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2355 on October 22, 2014. The corresponding rate for the previous day (October 21, 2014) was ` 61.2967. 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, 2014 October 22, 2014 1 EUR 78.5885 77.9650 1 GBP 99.1597 98.6688 100 YEN 57.63 57.27 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2355 on October 22, 2014. The corresponding rate for the previous day (October 21, 2014) was ` 61.2967. 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, 2014 October 22, 2014 1 EUR 78.5885 77.9650 1 GBP 99.1597 98.6688 100 YEN 57.63 57.27 Note : The SDR-Ru
Oct 21, 2014
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 08, 2014 to September 12, 2014. 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 08-09-2014 2,708 1,367 292 284 233 248 7,234 9,055 527 3,608 1,228 117 09-09-2014 2,974
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 08, 2014 to September 12, 2014. 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 08-09-2014 2,708 1,367 292 284 233 248 7,234 9,055 527 3,608 1,228 117 09-09-2014 2,974
Oct 21, 2014
RBI to conduct Overnight Repo Auction under Liquidity Adjustment Facility for ` 15,000 crore today
The Reserve Bank of India will conduct overnight repo variable rate auction for a notified amount of `15,000 crore today (October 21, 2014, Tuesday). The auction will be conducted between 3.45 PM and 4.15 PM as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. The reversal of the overnight repo will take place on October
The Reserve Bank of India will conduct overnight repo variable rate auction for a notified amount of `15,000 crore today (October 21, 2014, Tuesday). The auction will be conducted between 3.45 PM and 4.15 PM as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. The reversal of the overnight repo will take place on October
Oct 21, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2967 on October 21, 2014. The corresponding rate for the previous day (October 20, 2014) was ` 61.2873. 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, 2014 October 21, 2014 1 EUR 78.1536 78.5885 1 GBP 98.6235 99.1597 100 YEN 57.14 57.63 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2967 on October 21, 2014. The corresponding rate for the previous day (October 20, 2014) was ` 61.2873. 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, 2014 October 21, 2014 1 EUR 78.1536 78.5885 1 GBP 98.6235 99.1597 100 YEN 57.14 57.63 Note : The SDR-Ru
Oct 20, 2014
Data on ECB / FCCB for September 2014
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 September 2014. Ajit Prasad Assistant General Manager Press Release : 2014-2015/811
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 September 2014. Ajit Prasad Assistant General Manager Press Release : 2014-2015/811
Oct 20, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2873 on October 20, 2014. The corresponding rate for the previous day (October 17, 2014) was ` 61.6165. 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, 2014 October 20, 2014 1 EUR 78.8938 78.1536 1 GBP 99.1163 98.6235 100 YEN 58.02 57.14 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2873 on October 20, 2014. The corresponding rate for the previous day (October 17, 2014) was ` 61.6165. 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, 2014 October 20, 2014 1 EUR 78.8938 78.1536 1 GBP 99.1163 98.6235 100 YEN 58.02 57.14 Note : The SDR-Ru
Oct 17, 2014
FIIs/RFPIs can now invest upto 49% in M/s Repco Home Finance Limited - Removal from the Ban List
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Repco Home Finance Limited have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI further advised that FIIs/RFPIs can now invest upto 49 per cent of the paid up capital of M/s Repco Home
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Repco Home Finance Limited have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI further advised that FIIs/RFPIs can now invest upto 49 per cent of the paid up capital of M/s Repco Home
Oct 17, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6165 on October 17, 2014. The corresponding rate for the previous day (October 16, 2014) was ` 61.4795. 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 16, 2014 October 17, 2014 1 EUR 78.6630 78.8938 1 GBP 98.2381 99.1163 100 YEN 57.83 58.02 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.6165 on October 17, 2014. The corresponding rate for the previous day (October 16, 2014) was ` 61.4795. 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 16, 2014 October 17, 2014 1 EUR 78.6630 78.8938 1 GBP 98.2381 99.1163 100 YEN 57.83 58.02 Note : The SDR-Ru
Oct 16, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4795 on October 16, 2014. The corresponding rate for the previous day (October 14, 2014) was ` 61.1078. 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, 2014 October 16, 2014 1 EUR 77.6802 78.6630 1 GBP 98.1513 98.2381 100 YEN 57.04 57.83 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4795 on October 16, 2014. The corresponding rate for the previous day (October 14, 2014) was ` 61.1078. 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, 2014 October 16, 2014 1 EUR 77.6802 78.6630 1 GBP 98.1513 98.2381 100 YEN 57.04 57.83 Note : The SDR-Ru
Oct 14, 2014
FIIs/RFPIs can now invest upto 49% in M/s Persistent Systems Ltd
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Persistent Systems Ltd. have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI further advised that FIIs/RFPIs can now invest upto 49 per cent of the paid up capital of M/s Persistent Sys
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Persistent Systems Ltd. have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI further advised that FIIs/RFPIs can now invest upto 49 per cent of the paid up capital of M/s Persistent Sys
Page Last Updated on: August 22, 2024