Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Mar 22, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0622 on March 22, 2018. The corresponding rate for the previous day (March 21, 2018) was ₹ 65.2162. 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 21, 2018 March 22, 2018 1 EUR 79.9616 80.3713 1 GBP 91.3288 92.0630 100 YEN 61.28 61.44 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0622 on March 22, 2018. The corresponding rate for the previous day (March 21, 2018) was ₹ 65.2162. 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 21, 2018 March 22, 2018 1 EUR 79.9616 80.3713 1 GBP 91.3288 92.0630 100 YEN 61.28 61.44 Note : The SDR-Rupee rate
Mar 21, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2162 on March 21, 2018. The corresponding rate for the previous day (March 20, 2018) was ₹ 65.1993. 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 20, 2018 March 21, 2018 1 EUR 80.4625 79.9616 1 GBP 91.4942 91.3288 100 YEN 61.33 61.28 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2162 on March 21, 2018. The corresponding rate for the previous day (March 20, 2018) was ₹ 65.1993. 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 20, 2018 March 21, 2018 1 EUR 80.4625 79.9616 1 GBP 91.4942 91.3288 100 YEN 61.33 61.28 Note : The SDR-Rupee rate
Mar 20, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1993 on March 20, 2018. The corresponding rate for the previous day (March 19, 2018) was ₹ 65.0375. 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 19, 2018 March 20, 2018 1 EUR 79.7750 80.4625 1 GBP 90.5582 91.4942 100 YEN 61.50 61.33 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.1993 on March 20, 2018. The corresponding rate for the previous day (March 19, 2018) was ₹ 65.0375. 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 19, 2018 March 20, 2018 1 EUR 79.7750 80.4625 1 GBP 90.5582 91.4942 100 YEN 61.50 61.33 Note : The SDR-Rupee rate
Mar 19, 2018
Monitoring of Foreign Investment under PIS in Indian Companies - M/s Future Retail Limited - Increase in FPIs Investment limit under Portfolio Investment Scheme from 24% to 49%
The Reserve Bank of India has today notified that the Foreign Portfolio Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Future Retail Limited has increased from 24% to 49% of its paid up capital. M/s Future Retail 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 Foreign Exchange Management (
The Reserve Bank of India has today notified that the Foreign Portfolio Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Future Retail Limited has increased from 24% to 49% of its paid up capital. M/s Future Retail 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 Foreign Exchange Management (
Mar 19, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0375 on March 19, 2018. The corresponding rate for the previous day (March 16, 2018) was ₹ 64.8737. 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 16, 2018 March 19, 2018 1 EUR 79.9114 79.7750 1 GBP 90.4858 90.5582 100 YEN 61.27 61.50 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0375 on March 19, 2018. The corresponding rate for the previous day (March 16, 2018) was ₹ 64.8737. 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 16, 2018 March 19, 2018 1 EUR 79.9114 79.7750 1 GBP 90.4858 90.5582 100 YEN 61.27 61.50 Note : The SDR-Rupee rate
Mar 16, 2018
Developments in India’s Balance of Payments during the Third Quarter (October-December) of 2017-18
Preliminary data on India’s balance of payments (BoP) for the third quarter (Q3), i.e., October-December 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q3 of 2017-18 India’s current account deficit (CAD) at US$ 13.5 billion (2.0 per cent of GDP) in Q3 of 2017-18 increased from US$ 8.0 billion (1.4 per cent of GDP) in Q3 of 2016 -17 and US$ 7.2 billion (1.1 per cent of GDP) in the preceding quarter. The widening
Preliminary data on India’s balance of payments (BoP) for the third quarter (Q3), i.e., October-December 2017-18 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q3 of 2017-18 India’s current account deficit (CAD) at US$ 13.5 billion (2.0 per cent of GDP) in Q3 of 2017-18 increased from US$ 8.0 billion (1.4 per cent of GDP) in Q3 of 2016 -17 and US$ 7.2 billion (1.1 per cent of GDP) in the preceding quarter. The widening
Mar 16, 2018
Sources of Variation in Foreign Exchange Reserves in India during April-December 2017
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for October-December 2017 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2017 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-December 2017 During April-December 2017, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exchange
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for October-December 2017 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2017 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-December 2017 During April-December 2017, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exchange
Mar 16, 2018
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 12, 2018 to February 16, 2018. 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 12-02-2018 2,891 1,914 796 85 91 112 9,249 7,761 715 4,443 1,819 172 13-02-2018 74 8 0 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 12, 2018 to February 16, 2018. 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 12-02-2018 2,891 1,914 796 85 91 112 9,249 7,761 715 4,443 1,819 172 13-02-2018 74 8 0 2
Mar 16, 2018
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 05, 2018 to February 09, 2018. 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 05-02-2018 3,474 868 944 229 189 150 11,608 7,177 462 4,055 1,434 95 06-02-2018 3,206 1,3
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 05, 2018 to February 09, 2018. 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 05-02-2018 3,474 868 944 229 189 150 11,608 7,177 462 4,055 1,434 95 06-02-2018 3,206 1,3
Mar 16, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.8737 on March 16, 2018. The corresponding rate for the previous day (March 15, 2018) was ₹ 64.9366. 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, 2018 March 16, 2018 1 EUR 80.3201 79.9114 1 GBP 90.7229 90.4858 100 YEN 61.27 61.27 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.8737 on March 16, 2018. The corresponding rate for the previous day (March 15, 2018) was ₹ 64.9366. 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, 2018 March 16, 2018 1 EUR 80.3201 79.9114 1 GBP 90.7229 90.4858 100 YEN 61.27 61.27 Note : The SDR-Rupee rate
Mar 15, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9366 on March 15, 2018. The corresponding rate for the previous day (March 14, 2018) was ₹ 64.9875. 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, 2018 March 15, 2018 1 EUR 80.5845 80.3201 1 GBP 90.8265 90.7229 100 YEN 60.99 61.27 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9366 on March 15, 2018. The corresponding rate for the previous day (March 14, 2018) was ₹ 64.9875. 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, 2018 March 15, 2018 1 EUR 80.5845 80.3201 1 GBP 90.8265 90.7229 100 YEN 60.99 61.27 Note : The SDR-Rupee rate
Mar 14, 2018
Outward Foreign Direct Investment for February 2018
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 2018. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/2445
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 2018. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/2445
Mar 14, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9875 on March 14, 2018. The corresponding rate for the previous day (March 13, 2018) was ₹ 64.9567. 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 13, 2018 March 14, 2018 1 EUR 80.0916 80.5845 1 GBP 90.2314 90.8265 100 YEN 60.85 60.99 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9875 on March 14, 2018. The corresponding rate for the previous day (March 13, 2018) was ₹ 64.9567. 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 13, 2018 March 14, 2018 1 EUR 80.0916 80.5845 1 GBP 90.2314 90.8265 100 YEN 60.85 60.99 Note : The SDR-Rupee rate
Mar 13, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9567 on March 13, 2018. The corresponding rate for the previous day (March 12, 2018) was ₹ 65.0199. 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 12, 2018 March 13, 2018 1 EUR 80.0915 80.0916 1 GBP 90.1241 90.2314 100 YEN 60.96 60.85 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9567 on March 13, 2018. The corresponding rate for the previous day (March 12, 2018) was ₹ 65.0199. 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 12, 2018 March 13, 2018 1 EUR 80.0915 80.0916 1 GBP 90.1241 90.2314 100 YEN 60.96 60.85 Note : The SDR-Rupee rate
Mar 12, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0199 on March 12, 2018. The corresponding rate for the previous day (March 09, 2018) was ₹ 65.0784. 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, 2018 March 12, 2018 1 EUR 80.1636 80.0915 1 GBP 89.8537 90.1241 100 YEN 60.97 60.96 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0199 on March 12, 2018. The corresponding rate for the previous day (March 09, 2018) was ₹ 65.0784. 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, 2018 March 12, 2018 1 EUR 80.1636 80.0915 1 GBP 89.8537 90.1241 100 YEN 60.97 60.96 Note : The SDR-Rupee rate
Mar 09, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0784 on March 09, 2018. The corresponding rate for the previous day (March 08, 2018) was ₹ 64.9212. 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 08, 2018 March 09, 2018 1 EUR 80.5412 80.1636 1 GBP 90.2275 89.8537 100 YEN 61.26 60.97 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.0784 on March 09, 2018. The corresponding rate for the previous day (March 08, 2018) was ₹ 64.9212. 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 08, 2018 March 09, 2018 1 EUR 80.5412 80.1636 1 GBP 90.2275 89.8537 100 YEN 61.26 60.97 Note : The SDR-Rupee rate
Mar 08, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9212 on March 08, 2018. The corresponding rate for the previous day (March 07, 2018) was ₹ 64.9627. 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 07, 2018 March 08, 2018 1 EUR 80.7486 80.5412 1 GBP 90.3371 90.2275 100 YEN 61.55 61.26 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9212 on March 08, 2018. The corresponding rate for the previous day (March 07, 2018) was ₹ 64.9627. 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 07, 2018 March 08, 2018 1 EUR 80.7486 80.5412 1 GBP 90.3371 90.2275 100 YEN 61.55 61.26 Note : The SDR-Rupee rate
Mar 07, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9627 on March 07, 2018. The corresponding rate for the previous day (March 06, 2018) was ₹ 64.9941. 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 06, 2018 March 07, 2018 1 EUR 80.2092 80.7486 1 GBP 89.9063 90.3371 100 YEN 61.20 61.55 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9627 on March 07, 2018. The corresponding rate for the previous day (March 06, 2018) was ₹ 64.9941. 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 06, 2018 March 07, 2018 1 EUR 80.2092 80.7486 1 GBP 89.9063 90.3371 100 YEN 61.20 61.55 Note : The SDR-Rupee rate
Mar 06, 2018
Monitoring of Foreign Investment under PIS in Indian Companies - M/s TeamLease Services Limited - Increase in FPIs Investment limit under Portfolio Investment Scheme from 24% to 75%
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s TeamLease Services Limited has increased from 24% to 75% of its paid up capital. M/s TeamLease Services 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 Foreign Exchange M
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s TeamLease Services Limited has increased from 24% to 75% of its paid up capital. M/s TeamLease Services 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 Foreign Exchange M
Mar 06, 2018
Monitoring of Foreign Investment under PIS in Indian Companies - M/s UltraTech Cement Limited - Increase in FPIs Investment limit under Portfolio Investment Scheme from 30% to 40%
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s UltraTech Cement Limited has increased from 30% to 40% of its paid up capital. M/s UltraTech Cement 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 Foreign Exchange Manag
The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s UltraTech Cement Limited has increased from 30% to 40% of its paid up capital. M/s UltraTech Cement 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 Foreign Exchange Manag
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