Press Releases - Foreign Exchange Management - આરબીઆઈ - Reserve Bank of India
Foreign Exchange Management Act Announcement
પ્રેસ રિલીઝ
ડિસે 19, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SD
પીડીએફ (
ડિસે 18, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SD
ડિસે 15, 2017
Monitoring of Foreign Investment under PIS in Indian Companies - M/s JSW Holdings Ltd.-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Transfer or issu
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Transfer or issu
ડિસે 15, 2017
Overseas Direct Investment for November 2017
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638
ડિસે 15, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SD
ડિસે 14, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.2798 on December 14, 2017. The corresponding rate for the previous day (December 13, 2017) was ₹ 64.4525. 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 13, 2017 December 14, 2017 1 EUR 75.7768 75.9980 1 GBP 85.9410 86.3535 100 YEN 56.87 57.06 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.2798 on December 14, 2017. The corresponding rate for the previous day (December 13, 2017) was ₹ 64.4525. 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 13, 2017 December 14, 2017 1 EUR 75.7768 75.9980 1 GBP 85.9410 86.3535 100 YEN 56.87 57.06 Note : The SD
ડિસે 13, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- M/s Manpasand Beverages Ltd.-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Manpasand Beverages Ltd. has increased from 24% to 49% of its paid up capital. M/s Manpasand Beverages Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Tr
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Manpasand Beverages Ltd. has increased from 24% to 49% of its paid up capital. M/s Manpasand Beverages Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Tr
ડિસે 13, 2017
Sources of Variation in Foreign Exchange Reserves in India during April-September 2017
Earlier today, the Reserve Bank of India released the balance of payments (BoP) data for July-September 2017 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2017 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2017 During April-September 2017, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
Earlier today, the Reserve Bank of India released the balance of payments (BoP) data for July-September 2017 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2017 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-September 2017 During April-September 2017, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exc
ડિસે 13, 2017
Developments in India’s Balance of Payments during the Second Quarter (July-September) of 2017-18
Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q2 of 2017-18 India’s current account deficit (CAD) at US$ 7.2 billion (1.2 per cent of GDP) in Q2 of 2017-18 narrowed sharply from US$ 15.0 billion (2.5 per cent of GDP) in the preceding quarter, but was substantially higher than US$ 3.4 billion (0.6 per cent of
Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q2 of 2017-18 India’s current account deficit (CAD) at US$ 7.2 billion (1.2 per cent of GDP) in Q2 of 2017-18 narrowed sharply from US$ 15.0 billion (2.5 per cent of GDP) in the preceding quarter, but was substantially higher than US$ 3.4 billion (0.6 per cent of
ડિસે 13, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4525 on December 13, 2017. The corresponding rate for the previous day (December 12, 2017) was ₹ 64.4834. 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 12, 2017 December 13, 2017 1 EUR 75.9292 75.7768 1 GBP 86.0466 85.9410 100 YEN 56.84 56.87 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4525 on December 13, 2017. The corresponding rate for the previous day (December 12, 2017) was ₹ 64.4834. 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 12, 2017 December 13, 2017 1 EUR 75.9292 75.7768 1 GBP 86.0466 85.9410 100 YEN 56.84 56.87 Note : The SD
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