Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Dec 04, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8365 on December 04, 2015. The corresponding rate for the previous day (December 03, 2015) was ₹ 66.7450. 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 03, 2015 December 04, 2015 1 EUR 70.6696 73.0456 1 GBP 99.6102 101.0434 100 YEN 54.08 54.51 Note : The S
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8365 on December 04, 2015. The corresponding rate for the previous day (December 03, 2015) was ₹ 66.7450. 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 03, 2015 December 04, 2015 1 EUR 70.6696 73.0456 1 GBP 99.6102 101.0434 100 YEN 54.08 54.51 Note : The S
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Dec 03, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7450 on December 03, 2015. The corresponding rate for the previous day (December 02, 2015) was ₹ 66.6158. 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 02, 2015 December 03, 2015 1 EUR 70.6660 70.6696 1 GBP 100.3434 99.6102 100 YEN 54.12 54.08 Note : The S
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7450 on December 03, 2015. The corresponding rate for the previous day (December 02, 2015) was ₹ 66.6158. 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 02, 2015 December 03, 2015 1 EUR 70.6660 70.6696 1 GBP 100.3434 99.6102 100 YEN 54.12 54.08 Note : The S
Dec 02, 2015
NRIs can now invest up to 24 per cent under PIS in M/s TV Today Networks Ltd
The Reserve Bank of India has today notified that Non Resident Indians (NRIs) can now invest up to 24 per cent of the paid up capital of M/s TV Today Networks Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by NRIs. The purch
The Reserve Bank of India has today notified that Non Resident Indians (NRIs) can now invest up to 24 per cent of the paid up capital of M/s TV Today Networks Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by NRIs. The purch
Dec 02, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6158 on December 02, 2015. The corresponding rate for the previous day (December 01, 2015) was ₹ 66.5180. 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 01, 2015 December 02, 2015 1 EUR 70.4359 70.6660 1 GBP 100.4355 100.3434 100 YEN 54.13 54.12 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6158 on December 02, 2015. The corresponding rate for the previous day (December 01, 2015) was ₹ 66.5180. 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 01, 2015 December 02, 2015 1 EUR 70.4359 70.6660 1 GBP 100.4355 100.3434 100 YEN 54.13 54.12 Note : The
Dec 01, 2015
FIIs/RFPIs can now invest up to 26 per cent under PIS in M/s TV Today Networks Ltd
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 26 per cent of the paid up capital of M/s TV Today Networks Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 26 per cent of the paid up capital of M/s TV Today Networks Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its
Dec 01, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5180 on December 01, 2015. The corresponding rate for the previous day (November 30, 2015) was ₹ 66.8148. 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 November 30, 2015 December 01, 2015 1 EUR 70.6834 70.4359 1 GBP 100.3692 100.4355 100 YEN 54.41 54.13 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5180 on December 01, 2015. The corresponding rate for the previous day (November 30, 2015) was ₹ 66.8148. 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 November 30, 2015 December 01, 2015 1 EUR 70.6834 70.4359 1 GBP 100.3692 100.4355 100 YEN 54.41 54.13 Note : The
Nov 30, 2015
Revised Framework for ECB Policy announced
Keeping in view the macro-economic developments and the experience gained in administering the External Commercial Borrowing (ECB) regime over the last 10 years, the Reserve Bank of India, in consultation with the Government of India, has reviewed the extant ECB framework. Accordingly, a circular containing the revised ECB framework has been released today. The overarching principles of the revised framework are: A more liberal approach, with fewer restrictions on end
Keeping in view the macro-economic developments and the experience gained in administering the External Commercial Borrowing (ECB) regime over the last 10 years, the Reserve Bank of India, in consultation with the Government of India, has reviewed the extant ECB framework. Accordingly, a circular containing the revised ECB framework has been released today. The overarching principles of the revised framework are: A more liberal approach, with fewer restrictions on end
Nov 30, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8148 on November 30, 2015. The corresponding rate for the previous day (November 27, 2015) was ₹ 66.7503. 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 November 27, 2015 November 30, 2015 1 EUR 70.8755 70.6834 1 GBP 100.6795 100.3692 100 YEN 54.53 54.41 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8148 on November 30, 2015. The corresponding rate for the previous day (November 27, 2015) was ₹ 66.7503. 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 November 27, 2015 November 30, 2015 1 EUR 70.8755 70.6834 1 GBP 100.6795 100.3692 100 YEN 54.53 54.41 Note : The
Nov 27, 2015
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 November 16, 2015 to November 20, 2015. 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 16-11-2015 2,757 646 733 227 120 126 7,398 4,065 276 2,130 1,271 102 17-11-2015 1,809 517
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 16, 2015 to November 20, 2015. 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 16-11-2015 2,757 646 733 227 120 126 7,398 4,065 276 2,130 1,271 102 17-11-2015 1,809 517
Nov 27, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7503 on November 27, 2015. The corresponding rate for the previous day (November 26, 2015) was ₹ 66.5507. 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 November 26, 2015 November 27, 2015 1 EUR 70.6968 70.8755 1 GBP 100.6446 100.6795 100 YEN 54.30 54.53 Note : The
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7503 on November 27, 2015. The corresponding rate for the previous day (November 26, 2015) was ₹ 66.5507. 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 November 26, 2015 November 27, 2015 1 EUR 70.6968 70.8755 1 GBP 100.6446 100.6795 100 YEN 54.30 54.53 Note : The
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