Press Releases - Foreign Exchange Management - આરબીઆઈ - Reserve Bank of India
Foreign Exchange Management Act Announcement
પ્રેસ રિલીઝ
સપ્ટે 28, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0805 on September 28, 2015. The corresponding rate for the previous day (September 24, 2015) was ₹ 66.0993. 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 24, 2015 September 28, 2015 1 EUR 73.9585 73.8119 1 GBP 100.8874 100.3168 100 YEN 55.08 54.92 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0805 on September 28, 2015. The corresponding rate for the previous day (September 24, 2015) was ₹ 66.0993. 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 24, 2015 September 28, 2015 1 EUR 73.9585 73.8119 1 GBP 100.8874 100.3168 100 YEN 55.08 54.92 Note :
પીડીએફ (
સપ્ટે 24, 2015
Regularisation of Assets held Abroad by Person Resident in India under FEMA, 1999
In connection with the declarations made by persons resident in India under the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act), it is clarified that: No proceedings shall lie under the Foreign Exchange Management Act, 1999 (FEMA) against the declarant with respect to an asset held abroad for which taxes and penalties under the provisions of Black Money Act have been paid. No permission under FEMA
In connection with the declarations made by persons resident in India under the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act), it is clarified that: No proceedings shall lie under the Foreign Exchange Management Act, 1999 (FEMA) against the declarant with respect to an asset held abroad for which taxes and penalties under the provisions of Black Money Act have been paid. No permission under FEMA
સપ્ટે 24, 2015
RBI releases data on ECB / FCCB for August 2015
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 2015. Ajit Prasad Assistant General Manager Press Release : 2015-2016/753
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 2015. Ajit Prasad Assistant General Manager Press Release : 2015-2016/753
સપ્ટે 24, 2015
FIIs/RFPIs can now invest up to 30 per cent under PIS in M/s Supreme Industries Limited - Removal from the Caution List - FIIs/RFPIs
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 30 per cent (revised from default 24 per cent) of the paid up capital of M/s Supreme Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Supreme Industries Limited have gone below the revised threshold limit. Hence, th
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 30 per cent (revised from default 24 per cent) of the paid up capital of M/s Supreme Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Supreme Industries Limited have gone below the revised threshold limit. Hence, th
સપ્ટે 24, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0993 on September 24, 2015. The corresponding rate for the previous day (September 23, 2015) was ₹ 65.9696. 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, 2015 September 24, 2015 1 EUR 73.3780 73.9585 1 GBP 101.1908 100.8874 100 YEN 54.92 55.08 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0993 on September 24, 2015. The corresponding rate for the previous day (September 23, 2015) was ₹ 65.9696. 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, 2015 September 24, 2015 1 EUR 73.3780 73.9585 1 GBP 101.1908 100.8874 100 YEN 54.92 55.08 Note :
સપ્ટે 23, 2015
RBI seeks Feedback on Draft Framework on ECBs
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the draft framework on External Commercial Borrowings (ECBs). Comments/ feedback on the draft framework may be e-mailed to or sent by post to the Principal Chief General Manager, Foreign Exchange Department, Reserve Bank of India, Central Office, 11th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001 on or before October 11, 2015. Background The basic objective of the extant External
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the draft framework on External Commercial Borrowings (ECBs). Comments/ feedback on the draft framework may be e-mailed to or sent by post to the Principal Chief General Manager, Foreign Exchange Department, Reserve Bank of India, Central Office, 11th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001 on or before October 11, 2015. Background The basic objective of the extant External
સપ્ટે 23, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9696 on September 23, 2015. The corresponding rate for the previous day (September 22, 2015) was ₹ 65.6250. 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, 2015 September 23, 2015 1 EUR 73.2638 73.3780 1 GBP 101.7319 101.1908 100 YEN 54.50 54.92 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9696 on September 23, 2015. The corresponding rate for the previous day (September 22, 2015) was ₹ 65.6250. 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, 2015 September 23, 2015 1 EUR 73.2638 73.3780 1 GBP 101.7319 101.1908 100 YEN 54.50 54.92 Note :
સપ્ટે 22, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.6250 on September 22, 2015. The corresponding rate for the previous day (September 21, 2015) was ₹ 65.7531. 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, 2015 September 22, 2015 1 EUR 74.3799 73.2638 1 GBP 102.1672 101.7319 100 YEN 54.83 54.50 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.6250 on September 22, 2015. The corresponding rate for the previous day (September 21, 2015) was ₹ 65.7531. 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, 2015 September 22, 2015 1 EUR 74.3799 73.2638 1 GBP 102.1672 101.7319 100 YEN 54.83 54.50 Note :
સપ્ટે 21, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7531 on September 21, 2015. The corresponding rate for the previous day (September 18, 2015) was ₹ 65.9255. 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 18, 2015 September 21, 2015 1 EUR 75.1287 74.3799 1 GBP 102.7515 102.1672 100 YEN 55.01 54.83 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7531 on September 21, 2015. The corresponding rate for the previous day (September 18, 2015) was ₹ 65.9255. 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 18, 2015 September 21, 2015 1 EUR 75.1287 74.3799 1 GBP 102.7515 102.1672 100 YEN 55.01 54.83 Note :
સપ્ટે 18, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9255 on September 18, 2015. The corresponding rate for the previous day (September 16, 2015) was ₹ 66.5000. 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 16, 2015 September 18, 2015 1 EUR 75.0253 75.1287 1 GBP 101.9977 102.7515 100 YEN 55.34 55.01 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9255 on September 18, 2015. The corresponding rate for the previous day (September 16, 2015) was ₹ 66.5000. 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 16, 2015 September 18, 2015 1 EUR 75.0253 75.1287 1 GBP 101.9977 102.7515 100 YEN 55.34 55.01 Note :
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