Press Releases - Foreign Exchange Management - ਆਰਬੀਆਈ - Reserve Bank of India
Foreign Exchange Management Act Announcement
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਜੂਨ 11, 2010
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 May 24, 2010 to May 28, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 24/05/2010 1,756 2,201 2,382 79 1,115 1,020 7,343 6,566 678 4,491 1,658 115 25/05/2010 2,370 2,675 1,721 15
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 24, 2010 to May 28, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 24/05/2010 1,756 2,201 2,382 79 1,115 1,020 7,343 6,566 678 4,491 1,658 115 25/05/2010 2,370 2,675 1,721 15
ਪੀਡੀਐਫ (
ਜੂਨ 11, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.82 and the Reference Rate for Euro is Rs.56.66 on June 11, 2010. The corresponding rates for the previous day (June 10, 2010) were Rs.46.98 and Rs.56.58 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN June 10, 2010 68.4663 51.61 June 11, 201
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.82 and the Reference Rate for Euro is Rs.56.66 on June 11, 2010. The corresponding rates for the previous day (June 10, 2010) were Rs.46.98 and Rs.56.58 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN June 10, 2010 68.4663 51.61 June 11, 201
ਜੂਨ 10, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.98 and the Reference Rate for Euro is Rs.56.58 on June 10, 2010. The corresponding rates for the previous day (June 9, 2010) were Rs.46.98 and Rs.56.20 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 9, 2010 67.9025 51.38 June 10, 2010 6
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.98 and the Reference Rate for Euro is Rs.56.58 on June 10, 2010. The corresponding rates for the previous day (June 9, 2010) were Rs.46.98 and Rs.56.20 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 9, 2010 67.9025 51.38 June 10, 2010 6
ਜੂਨ 09, 2010
Investment by FIIs under PIS : M/s. Everonn Education Limited
The Reserve Bank of India today notified that M/s. Everonn Education Limited (name changed from Everonn Systems India Ltd.) has passed a resolution at the board of directors' level and at the extra-ordinary general meeting for increase in the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its total paid
The Reserve Bank of India today notified that M/s. Everonn Education Limited (name changed from Everonn Systems India Ltd.) has passed a resolution at the board of directors' level and at the extra-ordinary general meeting for increase in the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its total paid
ਜੂਨ 09, 2010
Investment by FIIs/NRI/PIOs under PIS : Bank of Baroda
The Reserve Bank of India has today notified that the aggregate net purchases of equity share holdings in Bank of Baroda by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit of their paid up capital. Therefore, further purchases of equity shares in the primary/secondary market of this company would be allowed only after obtaining prior approval of th
The Reserve Bank of India has today notified that the aggregate net purchases of equity share holdings in Bank of Baroda by Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) have reached the trigger limit of their paid up capital. Therefore, further purchases of equity shares in the primary/secondary market of this company would be allowed only after obtaining prior approval of th
ਜੂਨ 09, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.98 and the Reference Rate for Euro is Rs.56.20 on June 9, 2010. The corresponding rates for the previous day (June 8, 2010) were Rs.46.95 and Rs.56.13 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 8, 2010 68.0517 51.12 June 9, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.98 and the Reference Rate for Euro is Rs.56.20 on June 9, 2010. The corresponding rates for the previous day (June 8, 2010) were Rs.46.95 and Rs.56.13 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 8, 2010 68.0517 51.12 June 9, 2010 67.
ਜੂਨ 08, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.95 and the Reference Rate for Euro is Rs.56.13 on June 8, 2010. The corresponding rates for the previous day (June 7, 2010) were Rs.47.28 and Rs.56.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN June 7, 2010 68.2369 51.87 June 8, 2010 68
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.95 and the Reference Rate for Euro is Rs.56.13 on June 8, 2010. The corresponding rates for the previous day (June 7, 2010) were Rs.47.28 and Rs.56.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN June 7, 2010 68.2369 51.87 June 8, 2010 68
ਜੂਨ 07, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.28 and the Reference Rate for Euro is Rs.56.38 on June 7, 2010. The corresponding rates for the previous day (June 4, 2010) were Rs.46.67 and Rs.56.85 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 4, 2010 68.3365 50.36 June 7, 2010 68.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.28 and the Reference Rate for Euro is Rs.56.38 on June 7, 2010. The corresponding rates for the previous day (June 4, 2010) were Rs.46.67 and Rs.56.85 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 4, 2010 68.3365 50.36 June 7, 2010 68.
ਜੂਨ 04, 2010
Investment by FIIs under PIS : M/s. Everonn Education Limited
The Reserve Bank of India today notified that M/s. Everonn Education Limited has passed a resolution at the board of directors' level and at the extra-ordinary general meeting to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its total paid up capital. Foreign Institutional Investors can now
The Reserve Bank of India today notified that M/s. Everonn Education Limited has passed a resolution at the board of directors' level and at the extra-ordinary general meeting to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 100 per cent of its total paid up capital. Foreign Institutional Investors can now
ਜੂਨ 04, 2010
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 May 17, 2010 to May 21, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 17/05/2010 2,143 1,715 910 353 1,602 1,269 7,363 5,006 955 5,481 1,036 117 18/05/2010 1,863 853 949 251 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 17, 2010 to May 21, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 17/05/2010 2,143 1,715 910 353 1,602 1,269 7,363 5,006 955 5,481 1,036 117 18/05/2010 1,863 853 949 251 1,3
ਜੂਨ 04, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.67 and the Reference Rate for Euro is Rs.56.85 on June 4, 2010. The corresponding rates for the previous day (June 3, 2010) were Rs.46.52 and Rs.57.22 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 3, 2010 68.5309 50.36 June 4, 2010 68.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.67 and the Reference Rate for Euro is Rs.56.85 on June 4, 2010. The corresponding rates for the previous day (June 3, 2010) were Rs.46.52 and Rs.57.22 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 3, 2010 68.5309 50.36 June 4, 2010 68.
ਜੂਨ 03, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.57.22 on June 3, 2010. The corresponding rates for the previous day (June 2, 2010) were Rs.47.19 and Rs.57.59 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 2, 2010 69.4826 51.61 June 3, 2010 68.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.52 and the Reference Rate for Euro is Rs.57.22 on June 3, 2010. The corresponding rates for the previous day (June 2, 2010) were Rs.47.19 and Rs.57.59 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 2, 2010 69.4826 51.61 June 3, 2010 68.
ਜੂਨ 02, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.19 and the Reference Rate for Euro is Rs.57.59 on June 2, 2010. The corresponding rates for the previous day (June 1, 2010) were Rs.46.69 and Rs.57.26 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 1, 2010 67.7379 51.21 June 2, 2010 69.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.19 and the Reference Rate for Euro is Rs.57.59 on June 2, 2010. The corresponding rates for the previous day (June 1, 2010) were Rs.46.69 and Rs.57.26 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN June 1, 2010 67.7379 51.21 June 2, 2010 69.
ਜੂਨ 01, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.69 and the Reference Rate for Euro is Rs.57.26 on June 1, 2010. The corresponding rates for the previous day (May 31, 2010) were Rs.46.45 and Rs.57.17 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN May 31, 2010 67.3293 50.78 June 1, 2010 67
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.69 and the Reference Rate for Euro is Rs.57.26 on June 1, 2010. The corresponding rates for the previous day (May 31, 2010) were Rs.46.45 and Rs.57.17 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are : Date Currency 1 GBP 100 YEN May 31, 2010 67.3293 50.78 June 1, 2010 67
ਮਈ 31, 2010
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 May 10, 2010 to May 14, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 10/05/2010 2,128 1,836 1,579 155 1,629 1,500 6,609 6,413 448 6,780 1,338 174 11/05/2010 1,863 1,141 749 140
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 10, 2010 to May 14, 2010. All Figures are in USD Millions MERCHANT INTER BANK Position Date Spot FCY/INR Forward Forward Cancel Spot FCY/FCY Forward Forward Cancel Spot FCY/INR Swap Forward Spot FCY/FCY Swap Forward Purchase 10/05/2010 2,128 1,836 1,579 155 1,629 1,500 6,609 6,413 448 6,780 1,338 174 11/05/2010 1,863 1,141 749 140
ਮਈ 31, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.45 and the Reference Rate for Euro is Rs.57.17 on May 31, 2010. The corresponding rates for the previous day (May 28, 2010) were Rs.46.54 and Rs.57.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 28, 2010 67.7809 51.05 May 31, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.45 and the Reference Rate for Euro is Rs.57.17 on May 31, 2010. The corresponding rates for the previous day (May 28, 2010) were Rs.46.54 and Rs.57.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 28, 2010 67.7809 51.05 May 31, 2010 67.
ਮਈ 28, 2010
Do Not fall Prey to Fictitious Offers of Funds Transfer: RBI Advisory
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
ਮਈ 28, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.57.38 on May 28, 2010. The corresponding rates for the previous day (May 26, 2010) were Rs.47.57 and Rs.58.43 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 26, 2010 68.3843 52.71 May 28, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.54 and the Reference Rate for Euro is Rs.57.38 on May 28, 2010. The corresponding rates for the previous day (May 26, 2010) were Rs.47.57 and Rs.58.43 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 26, 2010 68.3843 52.71 May 28, 2010 67.
ਮਈ 26, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.57 and the Reference Rate for Euro is Rs.58.43 on May 26, 2010. The corresponding rates for the previous day (May 25, 2010) were Rs.47.40 and Rs.58.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 25, 2010 67.9621 52.82 May 26, 2010 68.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.57 and the Reference Rate for Euro is Rs.58.43 on May 26, 2010. The corresponding rates for the previous day (May 25, 2010) were Rs.47.40 and Rs.58.19 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 25, 2010 67.9621 52.82 May 26, 2010 68.
ਮਈ 25, 2010
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.40 and the Reference Rate for Euro is Rs.58.19 on May 25, 2010. The corresponding rates for the previous day (May 24, 2010) were Rs.46.67 and Rs.58.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 24, 2010 67.6435 51.65 May 25, 2010 67.
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.40 and the Reference Rate for Euro is Rs.58.19 on May 25, 2010. The corresponding rates for the previous day (May 24, 2010) were Rs.46.67 and Rs.58.38 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are: Date Currency 1 GBP 100 YEN May 24, 2010 67.6435 51.65 May 25, 2010 67.
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