Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Jan 19, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7183 on January 19, 2018. The corresponding rate for the previous day (January 18, 2018) was ₹ 63.8431. 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 January 18, 2018 January 19, 2018 1 EUR 77.8822 78.1441 1 GBP 88.2822 88.6449 100 YEN 57.41 57.49 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7183 on January 19, 2018. The corresponding rate for the previous day (January 18, 2018) was ₹ 63.8431. 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 January 18, 2018 January 19, 2018 1 EUR 77.8822 78.1441 1 GBP 88.2822 88.6449 100 YEN 57.41 57.49 Note : The SDR-Ru
Jan 18, 2018
Monitoring of Foreign Investment under PIS in Indian Companies - M/s HealthCare Global Enterprises Limited-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 100%
2. Removal from the FPIs Ban List
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 100%
2. Removal from the FPIs Ban List
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Healthcare Global Enterprises Limited has increased from 24% to 100% of its paid up capital. M/s HealthCare Global Enterprises Limited 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) of Noti
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Healthcare Global Enterprises Limited has increased from 24% to 100% of its paid up capital. M/s HealthCare Global Enterprises Limited 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) of Noti
Jan 18, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8431 on January 18, 2018. The corresponding rate for the previous day (January 17, 2018) was ₹ 63.9797. 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 January 17, 2018 January 18, 2018 1 EUR 78.3495 77.8822 1 GBP 88.1256 88.2822 100 YEN 57.74 57.41 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8431 on January 18, 2018. The corresponding rate for the previous day (January 17, 2018) was ₹ 63.9797. 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 January 17, 2018 January 18, 2018 1 EUR 78.3495 77.8822 1 GBP 88.1256 88.2822 100 YEN 57.74 57.41 Note : The SDR-Ru
Jan 17, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9797 on January 17, 2018. The corresponding rate for the previous day (January 16, 2018) was ₹ 63.7602. 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 January 16, 2018 January 17, 2018 1 EUR 78.2019 78.3495 1 GBP 87.9126 88.1256 100 YEN 57.50 57.74 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9797 on January 17, 2018. The corresponding rate for the previous day (January 16, 2018) was ₹ 63.7602. 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 January 16, 2018 January 17, 2018 1 EUR 78.2019 78.3495 1 GBP 87.9126 88.1256 100 YEN 57.50 57.74 Note : The SDR-Ru
Jan 16, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7602 on January 16, 2018. The corresponding rate for the previous day (January 15, 2018) was ₹ 63.4125. 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 January 15, 2018 January 16, 2018 1 EUR 77.4457 78.2019 1 GBP 87.1795 87.9126 100 YEN 57.23 57.50 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7602 on January 16, 2018. The corresponding rate for the previous day (January 15, 2018) was ₹ 63.4125. 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 January 15, 2018 January 16, 2018 1 EUR 77.4457 78.2019 1 GBP 87.1795 87.9126 100 YEN 57.23 57.50 Note : The SDR-Ru
Jan 15, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4125 on January 15, 2018. The corresponding rate for the previous day (January 12, 2018) was ₹ 63.5263. 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 January 12, 2018 January 15, 2018 1 EUR 76.5301 77.4457 1 GBP 86.0527 87.1795 100 YEN 57.09 57.23 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4125 on January 15, 2018. The corresponding rate for the previous day (January 12, 2018) was ₹ 63.5263. 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 January 12, 2018 January 15, 2018 1 EUR 76.5301 77.4457 1 GBP 86.0527 87.1795 100 YEN 57.09 57.23 Note : The SDR-Ru
Jan 12, 2018
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FPIs: M/s TeamLease Services Ltd
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s TeamLease Services Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1919
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s TeamLease Services Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1919
Jan 12, 2018
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FPIs: M/s Healthcare Global Enterprises Ltd
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s Healthcare Global Enterprises Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1920
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s Healthcare Global Enterprises Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1920
Jan 12, 2018
Monitoring of Foreign Investment under PIS in Indian Companies- M/s Granules India Ltd.- Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49 %
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Granules India Ltd. has increased from 24% to 49% of its paid up capital. M/s Granules India 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) of Foreign Exchange Management (Tra
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Granules India Ltd. has increased from 24% to 49% of its paid up capital. M/s Granules India 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) of Foreign Exchange Management (Tra
Jan 12, 2018
RBI releases draft directions on hedging of commodity price risk and freight risk in overseas markets
The Reserve Bank of India today released draft directions on hedging of commodity price risk and freight risk in overseas markets. Comments on the draft directions are invited from banks, market participants and other interested parties by January 31, 2018. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mumbai – 400001Or by
The Reserve Bank of India today released draft directions on hedging of commodity price risk and freight risk in overseas markets. Comments on the draft directions are invited from banks, market participants and other interested parties by January 31, 2018. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mumbai – 400001Or by
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