Today, the Reserve Bank released data relating to India’s International Investment Position  for end-September 2023

The framework for licensing of Authorised Persons (APs) under FEMA, 1999 was last reviewed in March 2006. Keeping in view the progressive liberalisation under FEMA, increasing integration of the Indian economy with the global economy, digitisation of payment systems, evolving institutional structure, etc. over the last two decades, it has been decided to rationalise and simplify the licensing framework for APs. The review aims to meet the emerging requirements of the rapidly growing Indian economy, achieve operational efficiency in the delivery of foreign exchange facilities to common persons, tourists, and businesses, while maintaining appropriate checks and balances

Earlier today, the Reserve Bank of India released balance of payments (BoP) data for July-September 2023 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-September 2023 are detailed below.

Preliminary data on India’s balance of payments (BoP) for the second quarter (Q2), i.e., July-September 2023-24, are presented in Statements I (BPM6 format) and II (old format).

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 November 2023. Ajit Prasad Director (Communications) Press Release : 2023-2024/1488  

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period November 20 – November 24, 2023. Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap

Foreign Exchange Turnover Data: November 13 – November 17, 2023  The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period November 13 – November 17, 2023. All Figures are in USD Millions Position Date MERCHANT  INTER BANK

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period November 06 – November 10, 2023. 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  06-11-2023 3,004

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 30 – November 03, 2023. 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  30-10-2023 3,633 1,626 964 342 419 523 10,343 17,961 2,493 5,499 2,160 321 31-10-2023 3,575 2,330  718 301

December 07, 2023   Foreign Exchange Turnover Data: October 23 – October 27, 2023  The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 23 – October 27, 2023.   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