Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Jun 10, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7948 on June 10, 2016. The corresponding rate for the previous day (June 09, 2016) was ₹ 66.6250. 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 June 09, 2016 June 10, 2016 1 EUR 75.8925 75.4714 1 GBP 96.7195 96.5719 100 YEN 62.41 62.40 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7948 on June 10, 2016. The corresponding rate for the previous day (June 09, 2016) was ₹ 66.6250. 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 June 09, 2016 June 10, 2016 1 EUR 75.8925 75.4714 1 GBP 96.7195 96.5719 100 YEN 62.41 62.40 Note : The SDR-Rupee rate wil
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Jun 09, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6250 on June 09, 2016. The corresponding rate for the previous day (June 08, 2016) was ₹ 66.7370. 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 June 08, 2016 June 09, 2016 1 EUR 75.8199 75.8925 1 GBP 97.0823 96.7195 100 YEN 62.26 62.41 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6250 on June 09, 2016. The corresponding rate for the previous day (June 08, 2016) was ₹ 66.7370. 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 June 08, 2016 June 09, 2016 1 EUR 75.8199 75.8925 1 GBP 97.0823 96.7195 100 YEN 62.26 62.41 Note : The SDR-Rupee rate wil
Jun 08, 2016
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s Bharat Petroleum Corporation Ltd
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s Bharat Petroleum Corporation 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 purch
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s Bharat Petroleum Corporation 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 purch
Jun 08, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7370 on June 08, 2016. The corresponding rate for the previous day (June 07, 2016) was ₹ 66.8305. 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 June 07, 2016 June 08, 2016 1 EUR 75.9194 75.8199 1 GBP 96.9376 97.0823 100 YEN 62.10 62.26 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7370 on June 08, 2016. The corresponding rate for the previous day (June 07, 2016) was ₹ 66.8305. 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 June 07, 2016 June 08, 2016 1 EUR 75.9194 75.8199 1 GBP 96.9376 97.0823 100 YEN 62.10 62.26 Note : The SDR-Rupee rate wil
Jun 07, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8305 on June 07, 2016. The corresponding rate for the previous day (June 06, 2016) was ₹ 66.9614. 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 June 06, 2016 June 07, 2016 1 EUR 75.9409 75.9194 1 GBP 96.1700 96.9376 100 YEN 62.60 62.10 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.8305 on June 07, 2016. The corresponding rate for the previous day (June 06, 2016) was ₹ 66.9614. 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 June 06, 2016 June 07, 2016 1 EUR 75.9409 75.9194 1 GBP 96.1700 96.9376 100 YEN 62.60 62.10 Note : The SDR-Rupee rate wil
Jun 06, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.9614 on June 06, 2016. The corresponding rate for the previous day (June 03, 2016) was ₹ 67.2415. 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 June 03, 2016 June 06, 2016 1 EUR 74.9944 75.9409 1 GBP 96.9017 96.1700 100 YEN 61.83 62.60 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.9614 on June 06, 2016. The corresponding rate for the previous day (June 03, 2016) was ₹ 67.2415. 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 June 03, 2016 June 06, 2016 1 EUR 74.9944 75.9409 1 GBP 96.9017 96.1700 100 YEN 61.83 62.60 Note : The SDR-Rupee rate wil
Jun 03, 2016
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 May 23, 2016 to May 27, 2016. 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 23-05-2016 2,252 1,065 916 181 93 133 6,507 8,465 436 2,261 903 57 24-05-2016 2,230 949 889 112 85
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 23, 2016 to May 27, 2016. 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 23-05-2016 2,252 1,065 916 181 93 133 6,507 8,465 436 2,261 903 57 24-05-2016 2,230 949 889 112 85
Jun 03, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2415 on June 03, 2016. The corresponding rate for the previous day (June 02, 2016) was ₹ 67.2533. 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 June 02, 2016 June 03, 2016 1 EUR 75.3035 74.9944 1 GBP 97.0465 96.9017 100 YEN 61.58 61.83 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2415 on June 03, 2016. The corresponding rate for the previous day (June 02, 2016) was ₹ 67.2533. 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 June 02, 2016 June 03, 2016 1 EUR 75.3035 74.9944 1 GBP 97.0465 96.9017 100 YEN 61.58 61.83 Note : The SDR-Rupee rate wil
Jun 02, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2533 on June 02, 2016. The corresponding rate for the previous day (June 01, 2016) was ₹ 67.3526. 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 June 01, 2016 June 02, 2016 1 EUR 74.9634 75.3035 1 GBP 97.5333 97.0465 100 YEN 61.31 61.58 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2533 on June 02, 2016. The corresponding rate for the previous day (June 01, 2016) was ₹ 67.3526. 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 June 01, 2016 June 02, 2016 1 EUR 74.9634 75.3035 1 GBP 97.5333 97.0465 100 YEN 61.31 61.58 Note : The SDR-Rupee rate wil
Jun 01, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3526 on June 01, 2016. The corresponding rate for the previous day (May 31, 2016) was ₹ 67.2030. 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 May 31, 2016 June 01, 2016 1 EUR 74.7902 74.9634 1 GBP 98.6540 97.5333 100 YEN 60.40 61.31 Note : The SDR-Rupee rate will
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3526 on June 01, 2016. The corresponding rate for the previous day (May 31, 2016) was ₹ 67.2030. 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 May 31, 2016 June 01, 2016 1 EUR 74.7902 74.9634 1 GBP 98.6540 97.5333 100 YEN 60.40 61.31 Note : The SDR-Rupee rate will
May 31, 2016
FIIs/RFPIs can now invest up to 62 per cent under PIS in M/s Axis Bank Ltd
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from existing 49 per cent up to 62 per cent of the paid up capital of M/s Axis Bank Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank further notified that the total foreign investment from all sources i.e. Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs)/Foreign Di
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from existing 49 per cent up to 62 per cent of the paid up capital of M/s Axis Bank Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank further notified that the total foreign investment from all sources i.e. Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs)/Foreign Di
May 31, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2030 on May 31, 2016. The corresponding rate for the previous day (May 30, 2016) was ₹ 67.3398. 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 May 30, 2016 May 31, 2016 1 EUR 74.8415 74.7902 1 GBP 98.4373 98.6540 100 YEN 60.49 60.40 Note : The SDR-Rupee rate will be
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2030 on May 31, 2016. The corresponding rate for the previous day (May 30, 2016) was ₹ 67.3398. 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 May 30, 2016 May 31, 2016 1 EUR 74.8415 74.7902 1 GBP 98.4373 98.6540 100 YEN 60.49 60.40 Note : The SDR-Rupee rate will be
May 30, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3398 on May 30, 2016. The corresponding rate for the previous day (May 27, 2016) was ₹ 67.0613. 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 May 27, 2016 May 30, 2016 1 EUR 75.0885 74.8415 1 GBP 98.3923 98.4373 100 YEN 61.12 60.49 Note : The SDR-Rupee rate will be
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3398 on May 30, 2016. The corresponding rate for the previous day (May 27, 2016) was ₹ 67.0613. 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 May 27, 2016 May 30, 2016 1 EUR 75.0885 74.8415 1 GBP 98.3923 98.4373 100 YEN 61.12 60.49 Note : The SDR-Rupee rate will be
May 27, 2016
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 May 16, 2016 to May 20, 2016. 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 16-05-2016 2,016 618 674 171 135 155 9,211 7,286 296 2,330 1,064 26 17-05-2016 2,649 664 880 140 14
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period May 16, 2016 to May 20, 2016. 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 16-05-2016 2,016 618 674 171 135 155 9,211 7,286 296 2,330 1,064 26 17-05-2016 2,649 664 880 140 14
May 27, 2016
RBI Reference Rate for US $
The Reserve Bank of India's Reference rate for the US Dollar is ₹ 67.0613 on May 27, 2016. The corresponding rate for the previous day (May 26, 2016) was ₹ 67.2855. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rates of EUR, GBP and JPY against the Rupee are given below: Currency Date May 26, 2016 May 27, 2016 1 EUR 75.2185 75.0885 1 GBP 98.9501 98.3923 100 YEN 61.34 61.12 Note : The SDR-Rupee rate will b
The Reserve Bank of India's Reference rate for the US Dollar is ₹ 67.0613 on May 27, 2016. The corresponding rate for the previous day (May 26, 2016) was ₹ 67.2855. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rates of EUR, GBP and JPY against the Rupee are given below: Currency Date May 26, 2016 May 27, 2016 1 EUR 75.2185 75.0885 1 GBP 98.9501 98.3923 100 YEN 61.34 61.12 Note : The SDR-Rupee rate will b
May 26, 2016
Investment under PIS in M/s D.B.Corp Ltd. by FII/PFPI/NRI/FDI/PIO/ADR/GDR- Removal from the Caution List
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from 20 per cent to 26 per cent of the paid up capital of M/s D.B.Corp Ltd. under the Portfolio Investment Scheme (PIS). The total foreign investment in the company from all sources i.e. Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Foreign Direct Invest
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from 20 per cent to 26 per cent of the paid up capital of M/s D.B.Corp Ltd. under the Portfolio Investment Scheme (PIS). The total foreign investment in the company from all sources i.e. Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Foreign Direct Invest
May 26, 2016
RBI to place Compounding Orders issued Under FEMA on its website from June 01
To ensure more transparency and greater disclosure, the Reserve Bank of India will now place on its website the compounding orders passed on or after June 01, 2016 and also a guidance note on the methodology used for calculation of the amount imposed under the compounding process, for information of general public. The data will be updated at monthly intervals. It may, however, be noted that the guidance note is meant only for the purpose of broadly indicating the bas
To ensure more transparency and greater disclosure, the Reserve Bank of India will now place on its website the compounding orders passed on or after June 01, 2016 and also a guidance note on the methodology used for calculation of the amount imposed under the compounding process, for information of general public. The data will be updated at monthly intervals. It may, however, be noted that the guidance note is meant only for the purpose of broadly indicating the bas
May 26, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2855 on May 26, 2016. The corresponding rate for the previous day (May 25, 2016) was ₹ 67.4467. 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 May 25, 2016 May 26, 2016 1 EUR 75.2098 75.2185 1 GBP 98.5599 98.9501 100 YEN 61.32 61.34 Note : The SDR-Rupee rate will be
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.2855 on May 26, 2016. The corresponding rate for the previous day (May 25, 2016) was ₹ 67.4467. 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 May 25, 2016 May 26, 2016 1 EUR 75.2098 75.2185 1 GBP 98.5599 98.9501 100 YEN 61.32 61.34 Note : The SDR-Rupee rate will be
May 25, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.4467 on May 25, 2016. The corresponding rate for the previous day (May 24, 2016) was ₹ 67.7060. 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 May 24, 2016 May 25, 2016 1 EUR 75.9323 75.2098 1 GBP 98.0654 98.5599 100 YEN 61.97 61.32 Note : The SDR-Rupee rate will be
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.4467 on May 25, 2016. The corresponding rate for the previous day (May 24, 2016) was ₹ 67.7060. 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 May 24, 2016 May 25, 2016 1 EUR 75.9323 75.2098 1 GBP 98.0654 98.5599 100 YEN 61.97 61.32 Note : The SDR-Rupee rate will be
May 24, 2016
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.7060 on May 24, 2016. The corresponding rate for the previous day (May 23, 2016) was ₹ 67.3492. 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 May 23, 2016 May 24, 2016 1 EUR 75.6197 75.9323 1 GBP 97.7641 98.0654 100 YEN 61.38 61.97 Note : The SDR-Rupee rate will be
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.7060 on May 24, 2016. The corresponding rate for the previous day (May 23, 2016) was ₹ 67.3492. 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 May 23, 2016 May 24, 2016 1 EUR 75.6197 75.9323 1 GBP 97.7641 98.0654 100 YEN 61.38 61.97 Note : The SDR-Rupee rate will be
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Page Last Updated on: November 21, 2024
