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સપ્ટે 15, 2017
Developments in India’s Balance of Payments during the First Quarter (April-June) of 2017-18
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q1 of 2017-18 India’s current account deficit (CAD) at US$ 14.3 billion (2.4 per cent of GDP) in Q1 of 2017-18 increased sharply from US$ 0.4 billion (0.1 per cent of GDP) in Q1 of 2016 -17 and US$ 3.4 billion (0.6 per cent of GDP) in Q4 of 2016-17. The widening of the
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q1 of 2017-18 India’s current account deficit (CAD) at US$ 14.3 billion (2.4 per cent of GDP) in Q1 of 2017-18 increased sharply from US$ 0.4 billion (0.1 per cent of GDP) in Q1 of 2016 -17 and US$ 3.4 billion (0.6 per cent of GDP) in Q4 of 2016-17. The widening of the
સપ્ટે 15, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0774 on September 15, 2017. The corresponding rate for the previous day (September 14, 2017) was ₹ 64.0692. 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 14, 2017 September 15, 2017 1 EUR 76.1398 76.3995 1 GBP 84.6867 86.1200 100 YEN 58.02 57.92 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0774 on September 15, 2017. The corresponding rate for the previous day (September 14, 2017) was ₹ 64.0692. 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 14, 2017 September 15, 2017 1 EUR 76.1398 76.3995 1 GBP 84.6867 86.1200 100 YEN 58.02 57.92 Note : Th
સપ્ટે 14, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0692 on September 14, 2017. The corresponding rate for the previous day (September 13, 2017) was ₹ 63.9818. 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 13, 2017 September 14, 2017 1 EUR 76.6630 76.1398 1 GBP 85.1534 84.6867 100 YEN 58.11 58.02 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0692 on September 14, 2017. The corresponding rate for the previous day (September 13, 2017) was ₹ 63.9818. 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 13, 2017 September 14, 2017 1 EUR 76.6630 76.1398 1 GBP 85.1534 84.6867 100 YEN 58.11 58.02 Note : Th
સપ્ટે 13, 2017
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 August 21, 2017 to August 25, 2017. 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 21-08-2017 2,841 1140 479 188 103 93 9,257 7,986 1353 3,019 1,421 214 22-08-2017 2,528 740 70
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 21, 2017 to August 25, 2017. 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 21-08-2017 2,841 1140 479 188 103 93 9,257 7,986 1353 3,019 1,421 214 22-08-2017 2,528 740 70
સપ્ટે 13, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9818 on September 13, 2017. The corresponding rate for the previous day (September 12, 2017) was ₹ 63.9474. 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 12, 2017 September 13, 2017 1 EUR 76.5514 76.6630 1 GBP 84.3594 85.1534 100 YEN 58.41 58.11 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9818 on September 13, 2017. The corresponding rate for the previous day (September 12, 2017) was ₹ 63.9474. 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 12, 2017 September 13, 2017 1 EUR 76.5514 76.6630 1 GBP 84.3594 85.1534 100 YEN 58.41 58.11 Note : Th
સપ્ટે 12, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- M/s Capital First Ltd.-
1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24 % to 50%
2. Removal from the FIIs/ FPIs Ban List
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s Capital First Ltd. has increased from 24% to 50% of its paid up capital. M/s Capital First 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) and 5
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s Capital First Ltd. has increased from 24% to 50% of its paid up capital. M/s Capital First 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) and 5
સપ્ટે 12, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9474 on September 12, 2017. The corresponding rate for the previous day (September 11, 2017) was ₹ 63.8859. 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 11, 2017 September 12, 2017 1 EUR 76.7334 76.5514 1 GBP 84.2591 84.3594 100 YEN 58.86 58.41 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9474 on September 12, 2017. The corresponding rate for the previous day (September 11, 2017) was ₹ 63.8859. 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 11, 2017 September 12, 2017 1 EUR 76.7334 76.5514 1 GBP 84.2591 84.3594 100 YEN 58.86 58.41 Note : Th
સપ્ટે 11, 2017
Overseas Direct Investment for August 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 July 2017 and August 2017 and for the month of August 2016 and August 2017 both under Automatic Route and the Approval Route, for the month of August 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/696
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of July 2017 and August 2017 and for the month of August 2016 and August 2017 both under Automatic Route and the Approval Route, for the month of August 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/696
સપ્ટે 11, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8859 on September 11, 2017. The corresponding rate for the previous day (September 08, 2017) was ₹ 63.8664. 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 08, 2017 September 11, 2017 1 EUR 77.0357 76.7334 1 GBP 83.8757 84.2591 100 YEN 59.28 58.86 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8859 on September 11, 2017. The corresponding rate for the previous day (September 08, 2017) was ₹ 63.8664. 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 08, 2017 September 11, 2017 1 EUR 77.0357 76.7334 1 GBP 83.8757 84.2591 100 YEN 59.28 58.86 Note : Th
સપ્ટે 08, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8664 on September 08, 2017. The corresponding rate for the previous day (September 07, 2017) was ₹ 64.0276. 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 07, 2017 September 08, 2017 1 EUR 76.3593 77.0357 1 GBP 83.4664 83.8757 100 YEN 58.70 59.28 Note : Th
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8664 on September 08, 2017. The corresponding rate for the previous day (September 07, 2017) was ₹ 64.0276. 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 07, 2017 September 08, 2017 1 EUR 76.3593 77.0357 1 GBP 83.4664 83.8757 100 YEN 58.70 59.28 Note : Th

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