Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Jan 03, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4833 on January 03, 2018. The corresponding rate for the previous day (January 02, 2018) was ₹ 63.6728. 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 02, 2018 January 03, 2018 1 EUR 76.5856 76.5418 1 GBP 86.1111 86.4071 100 YEN 56.52 56.55 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4833 on January 03, 2018. The corresponding rate for the previous day (January 02, 2018) was ₹ 63.6728. 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 02, 2018 January 03, 2018 1 EUR 76.5856 76.5418 1 GBP 86.1111 86.4071 100 YEN 56.52 56.55 Note : The SDR-Ru
Jan 02, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6728 on January 02, 2018. The corresponding rate for the previous day (January 01, 2018) was ₹ 63.6697. 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 01, 2018 January 02, 2018 1 EUR 76.4100 76.5856 1 GBP 85.8968 86.1111 100 YEN 56.51 56.52 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6728 on January 02, 2018. The corresponding rate for the previous day (January 01, 2018) was ₹ 63.6697. 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 01, 2018 January 02, 2018 1 EUR 76.4100 76.5856 1 GBP 85.8968 86.1111 100 YEN 56.51 56.52 Note : The SDR-Ru
Jan 01, 2018
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6697 on January 01, 2018. The corresponding rate for the previous day (December 29, 2017) was ₹ 63.9273. 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 29, 2017 January 01, 2018 1 EUR 76.3867 76.4100 1 GBP 86.0653 85.8968 100 YEN 56.72 56.51 Note : The SDR-
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6697 on January 01, 2018. The corresponding rate for the previous day (December 29, 2017) was ₹ 63.9273. 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 29, 2017 January 01, 2018 1 EUR 76.3867 76.4100 1 GBP 86.0653 85.8968 100 YEN 56.72 56.51 Note : The SDR-
Dec 29, 2017
India’s International Investment Position (IIP), September 2017
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Today, the Reserve Bank released data relating to India’s international investment position (IIP) as at end-September 2017. Highlights: Net claims of non-residents on India declined by US$ 1.9 billion over the previous quarter due to higher increase in Indian residents’ overseas financial assets as compared with foreign-owned assets in India (Table 1). Indian residents’ financial assets abroad exhibited an increase of US$ 18.6 billion over the level in the previous qu
Today, the Reserve Bank released data relating to India’s international investment position (IIP) as at end-September 2017. Highlights: Net claims of non-residents on India declined by US$ 1.9 billion over the previous quarter due to higher increase in Indian residents’ overseas financial assets as compared with foreign-owned assets in India (Table 1). Indian residents’ financial assets abroad exhibited an increase of US$ 18.6 billion over the level in the previous qu
Dec 29, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9273 on December 29, 2017. The corresponding rate for the previous day (December 28, 2017) was ₹ 64.1716. 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 28, 2017 December 29, 2017 1 EUR 76.5631 76.3867 1 GBP 86.2210 86.0653 100 YEN 56.89 56.72 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9273 on December 29, 2017. The corresponding rate for the previous day (December 28, 2017) was ₹ 64.1716. 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 28, 2017 December 29, 2017 1 EUR 76.5631 76.3867 1 GBP 86.2210 86.0653 100 YEN 56.89 56.72 Note : The SD
Dec 28, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1716 on December 28, 2017. The corresponding rate for the previous day (December 27, 2017) was ₹ 64.1577. 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 27, 2017 December 28, 2017 1 EUR 76.2258 76.5631 1 GBP 85.8366 86.2210 100 YEN 56.68 56.89 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1716 on December 28, 2017. The corresponding rate for the previous day (December 27, 2017) was ₹ 64.1577. 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 27, 2017 December 28, 2017 1 EUR 76.2258 76.5631 1 GBP 85.8366 86.2210 100 YEN 56.68 56.89 Note : The SD
Dec 27, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1577 on December 27, 2017. The corresponding rate for the previous day (December 26, 2017) was ₹ 64.0538. 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 26, 2017 December 27, 2017 1 EUR 76.0255 76.2258 1 GBP 85.6720 85.8366 100 YEN 56.53 56.68 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1577 on December 27, 2017. The corresponding rate for the previous day (December 26, 2017) was ₹ 64.0538. 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 26, 2017 December 27, 2017 1 EUR 76.0255 76.2258 1 GBP 85.6720 85.8366 100 YEN 56.53 56.68 Note : The SD
Dec 26, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0538 on December 26, 2017. The corresponding rate for the previous day (December 22, 2017) was ₹ 64.0409. 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 22, 2017 December 26, 2017 1 EUR 75.8821 76.0255 1 GBP 85.6739 85.6720 100 YEN 56.51 56.53 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0538 on December 26, 2017. The corresponding rate for the previous day (December 22, 2017) was ₹ 64.0409. 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 22, 2017 December 26, 2017 1 EUR 75.8821 76.0255 1 GBP 85.6739 85.6720 100 YEN 56.51 56.53 Note : The SD
Dec 22, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0409 on December 22, 2017. The corresponding rate for the previous day (December 21, 2017) was ₹ 64.0883. 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 21, 2017 December 22, 2017 1 EUR 76.0344 75.8821 1 GBP 85.6284 85.6739 100 YEN 56.50 56.51 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0409 on December 22, 2017. The corresponding rate for the previous day (December 21, 2017) was ₹ 64.0883. 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 21, 2017 December 22, 2017 1 EUR 76.0344 75.8821 1 GBP 85.6284 85.6739 100 YEN 56.50 56.51 Note : The SD
Dec 21, 2017
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 27, 2017 to December 01, 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 27-11-2017 3,197 1,827 1,107 233 266 313 11,790 6,692 658 4,000 2,224 123 28-11-2017 4,22
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 27, 2017 to December 01, 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 27-11-2017 3,197 1,827 1,107 233 266 313 11,790 6,692 658 4,000 2,224 123 28-11-2017 4,22
Dec 21, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0883 on December 21, 2017. The corresponding rate for the previous day (December 20, 2017) was ₹ 64.0577. 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 20, 2017 December 21, 2017 1 EUR 75.8251 76.0344 1 GBP 85.7604 85.6284 100 YEN 56.70 56.50 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0883 on December 21, 2017. The corresponding rate for the previous day (December 20, 2017) was ₹ 64.0577. 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 20, 2017 December 21, 2017 1 EUR 75.8251 76.0344 1 GBP 85.7604 85.6284 100 YEN 56.70 56.50 Note : The SD
Dec 20, 2017
RBI releases data on ECB / FCCB/RDB for November 2017
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of November 2017. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/1694
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of November 2017. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/1694
Dec 20, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0577 on December 20, 2017. The corresponding rate for the previous day (December 19, 2017) was ₹ 64.1205. 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 19, 2017 December 20, 2017 1 EUR 75.6365 75.8251 1 GBP 85.7932 85.7604 100 YEN 56.98 56.70 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0577 on December 20, 2017. The corresponding rate for the previous day (December 19, 2017) was ₹ 64.1205. 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 19, 2017 December 20, 2017 1 EUR 75.6365 75.8251 1 GBP 85.7932 85.7604 100 YEN 56.98 56.70 Note : The SD
Dec 19, 2017
Monitoring of Foreign Investment under the Portfolio Investment Scheme in Indian Companies - Removal from the Ban List- NRIs-M/s Somany Ceramics Ltd
The Reserve Bank of India has today notified that the aggregate foreign share holding by NRIs under Portfolio Investment Scheme in M/s Somany Ceramics Ltd. have gone below the prescribed threshold limit stipulated under the extant FDI Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1677
The Reserve Bank of India has today notified that the aggregate foreign share holding by NRIs under Portfolio Investment Scheme in M/s Somany Ceramics Ltd. have gone below the prescribed threshold limit stipulated under the extant FDI Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1677
Dec 19, 2017
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 20, 2017 to November 24, 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 20-11-2017 2,880 814 852 204 105 152 9,809 6,148 620 3,494 1,459 18 21-11-2017 2,860 800 711 190
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 20, 2017 to November 24, 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 20-11-2017 2,880 814 852 204 105 152 9,809 6,148 620 3,494 1,459 18 21-11-2017 2,860 800 711 190
Dec 19, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. 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 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. 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 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SD
Dec 18, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. 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 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. 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 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SD
Dec 15, 2017
Monitoring of Foreign Investment under PIS in Indian Companies - M/s JSW Holdings Ltd.-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution List
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings 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 (Transfer or issu
The Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings 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 (Transfer or issu
Dec 15, 2017
Overseas Direct Investment for November 2017
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638
The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638
Dec 15, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. 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 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. 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 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SD
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