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
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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
Jan 12, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5263 on January 12, 2018. The corresponding rate for the previous day (January 11, 2018) was ₹ 63.7364. 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 11, 2018 January 12, 2018 1 EUR 76.1395 76.5301 1 GBP 86.0123 86.0527 100 YEN 57.03 57.09 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5263 on January 12, 2018. The corresponding rate for the previous day (January 11, 2018) was ₹ 63.7364. 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 11, 2018 January 12, 2018 1 EUR 76.1395 76.5301 1 GBP 86.0123 86.0527 100 YEN 57.03 57.09 Note : The SDR-Ru
Jan 11, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7364 on January 11, 2018. The corresponding rate for the previous day (January 10, 2018) was ₹ 63.8264. 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 10, 2018 January 11, 2018 1 EUR 76.1385 76.1395 1 GBP 86.2805 86.0123 100 YEN 56.81 57.03 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7364 on January 11, 2018. The corresponding rate for the previous day (January 10, 2018) was ₹ 63.8264. 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 10, 2018 January 11, 2018 1 EUR 76.1385 76.1395 1 GBP 86.2805 86.0123 100 YEN 56.81 57.03 Note : The SDR-Ru
Jan 10, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8264 on January 10, 2018. The corresponding rate for the previous day (January 09, 2018) was ₹ 63.4690. 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 09, 2018 January 10, 2018 1 EUR 75.9153 76.1385 1 GBP 86.1528 86.2805 100 YEN 56.33 56.81 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8264 on January 10, 2018. The corresponding rate for the previous day (January 09, 2018) was ₹ 63.4690. 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 09, 2018 January 10, 2018 1 EUR 75.9153 76.1385 1 GBP 86.1528 86.2805 100 YEN 56.33 56.81 Note : The SDR-Ru
Jan 09, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4690 on January 09, 2018. The corresponding rate for the previous day (January 08, 2018) was ₹ 63.3482. 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 08, 2018 January 09, 2018 1 EUR 76.1509 75.9153 1 GBP 85.8875 86.1528 100 YEN 55.95 56.33 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4690 on January 09, 2018. The corresponding rate for the previous day (January 08, 2018) was ₹ 63.3482. 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 08, 2018 January 09, 2018 1 EUR 76.1509 75.9153 1 GBP 85.8875 86.1528 100 YEN 55.95 56.33 Note : The SDR-Ru
Jan 08, 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 December 11, 2017 to December 15, 2017. 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 11-12-2017 2,762 1,631 573 105 84 93 9,595 7,384 443 2,917 956 51 12-12-2017 3,170 2,210
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 11, 2017 to December 15, 2017. 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 11-12-2017 2,762 1,631 573 105 84 93 9,595 7,384 443 2,917 956 51 12-12-2017 3,170 2,210
Jan 08, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3482 on January 08, 2018. The corresponding rate for the previous day (January 05, 2018) was ₹ 63.3823. 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 05, 2018 January 08, 2018 1 EUR 76.5024 76.1509 1 GBP 86.0225 85.8875 100 YEN 56.06 55.95 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3482 on January 08, 2018. The corresponding rate for the previous day (January 05, 2018) was ₹ 63.3823. 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 05, 2018 January 08, 2018 1 EUR 76.5024 76.1509 1 GBP 86.0225 85.8875 100 YEN 56.06 55.95 Note : The SDR-Ru
Jan 05, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3823 on January 05, 2018. The corresponding rate for the previous day (January 04, 2018) was ₹ 63.3914. 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 04, 2018 January 05, 2018 1 EUR 76.2472 76.5024 1 GBP 85.7432 86.0225 100 YEN 56.31 56.06 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3823 on January 05, 2018. The corresponding rate for the previous day (January 04, 2018) was ₹ 63.3914. 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 04, 2018 January 05, 2018 1 EUR 76.2472 76.5024 1 GBP 85.7432 86.0225 100 YEN 56.31 56.06 Note : The SDR-Ru
Jan 04, 2018
RBI issues Master Direction on Foreign investment in India
The Reserve Bank of India, in consultation with the Government of India, has revised the Regulations on foreign investment in India and has repealed and replaced the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 (Notification No. FEMA 20) and Foreign Exchange Management (Investment in a Firm or Proprietary Concern in India) Regulations, 2000 (Notification No. FEMA 24) both dated May 3, 2000 with the Fo
The Reserve Bank of India, in consultation with the Government of India, has revised the Regulations on foreign investment in India and has repealed and replaced the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 (Notification No. FEMA 20) and Foreign Exchange Management (Investment in a Firm or Proprietary Concern in India) Regulations, 2000 (Notification No. FEMA 24) both dated May 3, 2000 with the Fo
Jan 04, 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 December 04, 2017 to December 08, 2017. 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 04-12-2017 5,150 1,306 727 97 212 163 13,801 9,757 699 4,128 1,177 207 05-12-2017 3,020 1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 04, 2017 to December 08, 2017. 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 04-12-2017 5,150 1,306 727 97 212 163 13,801 9,757 699 4,128 1,177 207 05-12-2017 3,020 1
Jan 04, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3914 on January 04, 2018. The corresponding rate for the previous day (January 03, 2018) was ₹ 63.4833. 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 03, 2018 January 04, 2018 1 EUR 76.5418 76.2472 1 GBP 86.4071 85.7432 100 YEN 56.55 56.31 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3914 on January 04, 2018. The corresponding rate for the previous day (January 03, 2018) was ₹ 63.4833. 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 03, 2018 January 04, 2018 1 EUR 76.5418 76.2472 1 GBP 86.4071 85.7432 100 YEN 56.55 56.31 Note : The SDR-Ru
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Page Last Updated on: November 21, 2024
