Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Apr 22, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.8183 on April 22, 2015. The corresponding rate for the previous day (April 21, 2015) was ₹ 62.9200. 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 April 21, 2015 April 22, 2015 1 EUR 67.3433 67.5862 1 GBP 93.5746 93.8505 100 YEN 52.65 52.55 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.8183 on April 22, 2015. The corresponding rate for the previous day (April 21, 2015) was ₹ 62.9200. 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 April 21, 2015 April 22, 2015 1 EUR 67.3433 67.5862 1 GBP 93.5746 93.8505 100 YEN 52.65 52.55 Note : The SDR-Rupee rate
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Apr 21, 2015
Monitoring of Foreign Investment under the PIS - Incorporation in Ban List- M/s Kotak Mahindra Bank Limited
The Reserve Bank of India had approved the scheme of Amalgamation of ING Vysya Bank Ltd. with Kotak Mahindra Bank Ltd. with effect from April 01, 2015. Pursuant to the Scheme of Amalgamation, M/s Kotak Mahindra Bank Ltd. has today i.e. April 21, 2015 allotted the equity shares to the shareholders of the ING Vysya Bank Ltd. The Reserve Bank of India has stated that post allotment of the above shares, the aggregate foreign shareholding in M/s Kotak Mahindra Bank Ltd. ha
The Reserve Bank of India had approved the scheme of Amalgamation of ING Vysya Bank Ltd. with Kotak Mahindra Bank Ltd. with effect from April 01, 2015. Pursuant to the Scheme of Amalgamation, M/s Kotak Mahindra Bank Ltd. has today i.e. April 21, 2015 allotted the equity shares to the shareholders of the ING Vysya Bank Ltd. The Reserve Bank of India has stated that post allotment of the above shares, the aggregate foreign shareholding in M/s Kotak Mahindra Bank Ltd. ha
Apr 21, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.9200 on April 21, 2015. The corresponding rate for the previous day (April 20, 2015) was ₹ 62.5633. 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 April 20, 2015 April 21, 2015 1 EUR 67.4933 67.3433 1 GBP 93.5634 93.5746 100 YEN 52.74 52.65 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.9200 on April 21, 2015. The corresponding rate for the previous day (April 20, 2015) was ₹ 62.5633. 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 April 20, 2015 April 21, 2015 1 EUR 67.4933 67.3433 1 GBP 93.5634 93.5746 100 YEN 52.74 52.65 Note : The SDR-Rupee rate
Apr 20, 2015
FIIs/RFPIs can now invest up to 49% under PIS in M/s GSS Infotech Limited
The Reserve Bank of India has today advised 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 GSS Infotech Limited 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 purchase of its equ
The Reserve Bank of India has today advised 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 GSS Infotech Limited 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 purchase of its equ
Apr 20, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.5633 on April 20, 2015. The corresponding rate for the previous day (April 17, 2015) was ₹ 62.3460. 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 April 17, 2015 April 20, 2015 1 EUR 67.1342 67.4933 1 GBP 93.0950 93.5634 100 YEN 52.41 52.74 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.5633 on April 20, 2015. The corresponding rate for the previous day (April 17, 2015) was ₹ 62.3460. 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 April 17, 2015 April 20, 2015 1 EUR 67.1342 67.4933 1 GBP 93.0950 93.5634 100 YEN 52.41 52.74 Note : The SDR-Rupee rate
Apr 17, 2015
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 March 30, 2015 to April 01, 2015. All Figures are in USD Million 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 30/03/2015 3,381 2,111 1,110 391 326 225 8,975 8,484 1,427 2,946 2,311 144 31/03/2015 5,276 2,33
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 30, 2015 to April 01, 2015. All Figures are in USD Million 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 30/03/2015 3,381 2,111 1,110 391 326 225 8,975 8,484 1,427 2,946 2,311 144 31/03/2015 5,276 2,33
Apr 17, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.3460 on April 17, 2015. The corresponding rate for the previous day (April 16, 2015) was ₹ 62.3685. 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 April 16, 2015 April 17, 2015 1 EUR 66.5597 67.1342 1 GBP 92.4426 93.0950 100 YEN 52.27 52.41 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.3460 on April 17, 2015. The corresponding rate for the previous day (April 16, 2015) was ₹ 62.3685. 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 April 16, 2015 April 17, 2015 1 EUR 66.5597 67.1342 1 GBP 92.4426 93.0950 100 YEN 52.27 52.41 Note : The SDR-Rupee rate
Apr 16, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.3685 on April 16, 2015. The corresponding rate for the previous day (April 15, 2015) was ₹ 62.4026. 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 April 15, 2015 April 16, 2015 1 EUR 66.4837 66.5597 1 GBP 92.1499 92.4426 100 YEN 52.19 52.27 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.3685 on April 16, 2015. The corresponding rate for the previous day (April 15, 2015) was ₹ 62.4026. 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 April 15, 2015 April 16, 2015 1 EUR 66.4837 66.5597 1 GBP 92.1499 92.4426 100 YEN 52.19 52.27 Note : The SDR-Rupee rate
Apr 15, 2015
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s Eicher Motors Limited
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 Eicher Motors Limited 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 purchase of its e
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 Eicher Motors Limited 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 purchase of its e
Apr 15, 2015
Overseas Direct Investment for March 2015
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 March 2015. Ajit Prasad Assistant General Manager Press Release : 2014-2015/2172
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 March 2015. Ajit Prasad Assistant General Manager Press Release : 2014-2015/2172
Apr 15, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.4026 on April 15, 2015. The corresponding rate for the previous day (April 13, 2015) was ` 62.3885. 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 April 13, 2015 April 15, 2015 1 EUR 66.1630 66.4837 1 GBP 91.0560 92.1499 100 YEN 51.83 52.19 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.4026 on April 15, 2015. The corresponding rate for the previous day (April 13, 2015) was ` 62.3885. 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 April 13, 2015 April 15, 2015 1 EUR 66.1630 66.4837 1 GBP 91.0560 92.1499 100 YEN 51.83 52.19 Note : The SDR-Rupee rate
Apr 13, 2015
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 March 16, 2015 to March 20, 2015.All Figures are in USD MillionPosition DateMERCHANTINTER BANKFCY / INRFCY / FCYFCY / INRFCY / FCYSpotForwardForward CancelSpotForwardForward CancelSpotSwapForwardSpotSwapForwardPurchase16-03-20152,8871,107733307160388,0127,8134902,6858557917-03-20152,5685843862671131156,7467,3164983,38368816018-03-2015
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 16, 2015 to March 20, 2015.All Figures are in USD MillionPosition DateMERCHANTINTER BANKFCY / INRFCY / FCYFCY / INRFCY / FCYSpotForwardForward CancelSpotForwardForward CancelSpotSwapForwardSpotSwapForwardPurchase16-03-20152,8871,107733307160388,0127,8134902,6858557917-03-20152,5685843862671131156,7467,3164983,38368816018-03-2015
Apr 13, 2015
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 March 23, 2015 to March 27, 2015.All Figures are in USD MillionPositionDateMERCHANTINTER BANKFCY / INRFCY / FCYFCY / INRFCY / FCYSpotForwardForwardCancelSpotForwardForwardCancelSpotSwapForwardSpotSwapForwardPurchase23-03-20153,1921,1541,042339184798,1139,2749413,3641,5339724-03-20152,6861,9464333202801458,6489,8471,4443,89088110225-03
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 23, 2015 to March 27, 2015.All Figures are in USD MillionPositionDateMERCHANTINTER BANKFCY / INRFCY / FCYFCY / INRFCY / FCYSpotForwardForwardCancelSpotForwardForwardCancelSpotSwapForwardSpotSwapForwardPurchase23-03-20153,1921,1541,042339184798,1139,2749413,3641,5339724-03-20152,6861,9464333202801458,6489,8471,4443,89088110225-03
Apr 13, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.3885 on April 13, 2015.The corresponding rate for the previous day (April 10, 2015) was `62.3660.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:CurrencyDateApril 10, 2015April 13, 20151 EUR66.488466.16301 GBP91.603291.0560100 YEN51.7451.83Note :The SDR-Rupee rate will be based on t
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.3885 on April 13, 2015.The corresponding rate for the previous day (April 10, 2015) was `62.3660.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:CurrencyDateApril 10, 2015April 13, 20151 EUR66.488466.16301 GBP91.603291.0560100 YEN51.7451.83Note :The SDR-Rupee rate will be based on t
Apr 10, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3660 on April 10, 2015. The corresponding rate for the previous day (April 09, 2015) was ` 62.2560. 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 April 09, 2015 April 10, 2015 1 EUR 66.9937 66.4884 1 GBP 92.4937 91.6032 100 YEN 51.77 51.74 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3660 on April 10, 2015. The corresponding rate for the previous day (April 09, 2015) was ` 62.2560. 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 April 09, 2015 April 10, 2015 1 EUR 66.9937 66.4884 1 GBP 92.4937 91.6032 100 YEN 51.77 51.74 Note : The SDR-Rupee rate
Apr 09, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.2560 on April 09, 2015. The corresponding rate for the previous day (April 08, 2015) was ` 62.3295. 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 April 08, 2015 April 09, 2015 1 EUR 67.5963 66.9937 1 GBP 92.5281 92.4937 100 YEN 51.98 51.77 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.2560 on April 09, 2015. The corresponding rate for the previous day (April 08, 2015) was ` 62.3295. 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 April 08, 2015 April 09, 2015 1 EUR 67.5963 66.9937 1 GBP 92.5281 92.4937 100 YEN 51.98 51.77 Note : The SDR-Rupee rate
Apr 08, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3295 on April 08, 2015. The corresponding rate for the previous day (April 07, 2015) was ` 62.3321. 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 April 07, 2015 April 08, 2015 1 EUR 68.0791 67.5963 1 GBP 92.8312 92.5281 100 YEN 52.14 51.98 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3295 on April 08, 2015. The corresponding rate for the previous day (April 07, 2015) was ` 62.3321. 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 April 07, 2015 April 08, 2015 1 EUR 68.0791 67.5963 1 GBP 92.8312 92.5281 100 YEN 52.14 51.98 Note : The SDR-Rupee rate
Apr 07, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3321 on April 07, 2015. The corresponding rate for the previous day (April 06, 2015) was ` 62.1580. 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 April 06, 2015 April 07, 2015 1 EUR 68.2308 68.0791 1 GBP 92.7335 92.8312 100 YEN 52.23 52.14 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3321 on April 07, 2015. The corresponding rate for the previous day (April 06, 2015) was ` 62.1580. 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 April 06, 2015 April 07, 2015 1 EUR 68.2308 68.0791 1 GBP 92.7335 92.8312 100 YEN 52.23 52.14 Note : The SDR-Rupee rate
Apr 06, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1580 on April 06, 2015. The corresponding rate for the previous day (March 31, 2015) was ` 62.5908. 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 31, 2015 April 06, 2015 1 EUR 67.5104 68.2308 1 GBP 92.4591 92.7335 100 YEN 52.11 52.23 Note : The SDR-Rupee rate
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1580 on April 06, 2015. The corresponding rate for the previous day (March 31, 2015) was ` 62.5908. 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 31, 2015 April 06, 2015 1 EUR 67.5104 68.2308 1 GBP 92.4591 92.7335 100 YEN 52.11 52.23 Note : The SDR-Rupee rate
Mar 31, 2015
RBI relaxes Position Limits for Domestic Participants and FPIs
The Reserve Bank of India has issued guidelines for providing greater flexibility to both Foreign Portfolio Investors (FPIs) and domestic participants in the exchange traded currency derivatives (ETCD) market. The key relaxations are: The limit for domestic entities and FPIs to take foreign currency positions in the USD-INR pair on ETCD market without having to establish the existence of any underlying exposure has been increased to USD 15 million per exchange. In add
The Reserve Bank of India has issued guidelines for providing greater flexibility to both Foreign Portfolio Investors (FPIs) and domestic participants in the exchange traded currency derivatives (ETCD) market. The key relaxations are: The limit for domestic entities and FPIs to take foreign currency positions in the USD-INR pair on ETCD market without having to establish the existence of any underlying exposure has been increased to USD 15 million per exchange. In add
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Page Last Updated on: November 22, 2024
