Press Releases - Foreign Exchange Management - ਆਰਬੀਆਈ - Reserve Bank of India
Foreign Exchange Management Act Announcement
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਮਾਰਚ 16, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3680 on March 16, 2016. The corresponding rate for the previous day (March 15, 2016) was ₹ 67.2290. 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 March 15, 2016 March 16, 2016 1 EUR 74.6444 74.7583 1 GBP 95.9223 95.1708 100 YEN 59.31 59.40 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3680 on March 16, 2016. The corresponding rate for the previous day (March 15, 2016) was ₹ 67.2290. 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 March 15, 2016 March 16, 2016 1 EUR 74.6444 74.7583 1 GBP 95.9223 95.1708 100 YEN 59.31 59.40 Note : The SDR-Rupee rate
ਪੀਡੀਐਫ (
ਮਾਰਚ 15, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2290 on March 15, 2016. The corresponding rate for the previous day (March 14, 2016) was ₹ 67.0230. 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 March 14, 2016 March 15, 2016 1 EUR 74.8044 74.6444 1 GBP 96.3389 95.9223 100 YEN 58.90 59.31 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2290 on March 15, 2016. The corresponding rate for the previous day (March 14, 2016) was ₹ 67.0230. 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 March 14, 2016 March 15, 2016 1 EUR 74.8044 74.6444 1 GBP 96.3389 95.9223 100 YEN 58.90 59.31 Note : The SDR-Rupee rate
ਮਾਰਚ 15, 2016
Overseas Direct Investment for February 2016
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 February 2016. Ajit Prasad Assistant Adviser Press Release: 2015-2016/2161
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 February 2016. Ajit Prasad Assistant Adviser Press Release: 2015-2016/2161
ਮਾਰਚ 14, 2016
Overseas Direct Investment for January 2016
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 January 2016. Ajit Prasad Assistant Adviser Press Release: 2015-2016/2155
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 January 2016. Ajit Prasad Assistant Adviser Press Release: 2015-2016/2155
ਮਾਰਚ 14, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0230 on March 14, 2016. The corresponding rate for the previous day (March 11, 2016) was ₹ 67.0868. 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 March 11, 2016 March 14, 2016 1 EUR 74.9427 74.8044 1 GBP 95.7530 96.3389 100 YEN 59.13 58.90 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0230 on March 14, 2016. The corresponding rate for the previous day (March 11, 2016) was ₹ 67.0868. 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 March 11, 2016 March 14, 2016 1 EUR 74.9427 74.8044 1 GBP 95.7530 96.3389 100 YEN 59.13 58.90 Note : The SDR-Rupee rate
ਮਾਰਚ 11, 2016
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s SeQuent Scientific Limited
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 SeQuent Scientific Limited under the Portfolio Investment Scheme (PIS). Further the Reserve Bank has notified that since the holding limit is increased to 49 per cent, the earlier limit of 32.46 per cent as notified vide Press Release No.2014-2015/2410 dated May 14, 2015
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 SeQuent Scientific Limited under the Portfolio Investment Scheme (PIS). Further the Reserve Bank has notified that since the holding limit is increased to 49 per cent, the earlier limit of 32.46 per cent as notified vide Press Release No.2014-2015/2410 dated May 14, 2015
ਮਾਰਚ 11, 2016
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 February 29, 2016 to March 04, 2016. 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 29-02-2016 3,330 1,570 2,364 298 318 394 10,136 7,664 291 4,017 2,846 128 01-03-2016 3,615 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 29, 2016 to March 04, 2016. 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 29-02-2016 3,330 1,570 2,364 298 318 394 10,136 7,664 291 4,017 2,846 128 01-03-2016 3,615 1
ਮਾਰਚ 11, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0868 on March 11, 2016. The corresponding rate for the previous day (March 10, 2016) was ₹ 67.0510. 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 March 10, 2016 March 11, 2016 1 EUR 73.6220 74.9427 1 GBP 95.2258 95.7530 100 YEN 58.99 59.13 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0868 on March 11, 2016. The corresponding rate for the previous day (March 10, 2016) was ₹ 67.0510. 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 March 10, 2016 March 11, 2016 1 EUR 73.6220 74.9427 1 GBP 95.2258 95.7530 100 YEN 58.99 59.13 Note : The SDR-Rupee rate
ਮਾਰਚ 10, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0510 on March 10, 2016. The corresponding rate for the previous day (March 09, 2016) was ₹ 67.4632. 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 March 09, 2016 March 10, 2016 1 EUR 74.0611 73.6220 1 GBP 95.6965 95.2258 100 YEN 59.92 58.99 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.0510 on March 10, 2016. The corresponding rate for the previous day (March 09, 2016) was ₹ 67.4632. 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 March 09, 2016 March 10, 2016 1 EUR 74.0611 73.6220 1 GBP 95.6965 95.2258 100 YEN 59.92 58.99 Note : The SDR-Rupee rate
ਮਾਰਚ 09, 2016
Monitoring of Foreign Investment under the PIS in Indian Companies - Removal from the Ban list - GDR/ADR/FDI/FIIs/RFPIs/NRIs/PIOs : M/s Kotak Mahindra Bank Ltd
The Reserve Bank of India has today notified that the aggregate share holdings by Global Depository Receipts (GDR)/American Depository Receipts (ADR)/Foreign Direct Investment (FDI)/Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme in M/s Kotak Mahindra Bank Ltd. has gone below the prescribed limit stipulated under the extant FDI policy. H
The Reserve Bank of India has today notified that the aggregate share holdings by Global Depository Receipts (GDR)/American Depository Receipts (ADR)/Foreign Direct Investment (FDI)/Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme in M/s Kotak Mahindra Bank Ltd. has gone below the prescribed limit stipulated under the extant FDI policy. H
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