Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Jan 15, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.7588 on January 15, 2015. The corresponding rate for the previous day (January 14, 2015) was ` 62.1530. 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 14, 2015 January 15, 2015 1 EUR 73.2970 72.6345 1 GBP 94.2426 94.0154 100 YEN 53.08 52.40 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.7588 on January 15, 2015. The corresponding rate for the previous day (January 14, 2015) was ` 62.1530. 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 14, 2015 January 15, 2015 1 EUR 73.2970 72.6345 1 GBP 94.2426 94.0154 100 YEN 53.08 52.40 Note : The SDR-Ru
Jan 14, 2015
Data on ECB / FCCB for December 2014
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of December 2014. Sangeeta Das Director Press Release : 2014-2015/1478
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of December 2014. Sangeeta Das Director Press Release : 2014-2015/1478
Jan 14, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1530 on January 14, 2015. The corresponding rate for the previous day (January 13, 2015) was ` 62.1021. 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 13, 2015 January 14, 2015 1 EUR 73.4171 73.2970 1 GBP 94.0971 94.2426 100 YEN 52.28 53.08 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1530 on January 14, 2015. The corresponding rate for the previous day (January 13, 2015) was ` 62.1021. 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 13, 2015 January 14, 2015 1 EUR 73.4171 73.2970 1 GBP 94.0971 94.2426 100 YEN 52.28 53.08 Note : The SDR-Ru
Jan 13, 2015
Overseas Direct Investment for December 2014
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 December 2014. Sangeeta Das Director Press Release: 2014-2015/1471
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 December 2014. Sangeeta Das Director Press Release: 2014-2015/1471
Jan 13, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1021 on January 13, 2015. The corresponding rate for the previous day (January 12, 2015) was ` 62.1605. 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, 2015 January 13, 2015 1 EUR 73.7348 73.4171 1 GBP 94.2788 94.0971 100 YEN 52.62 52.28 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.1021 on January 13, 2015. The corresponding rate for the previous day (January 12, 2015) was ` 62.1605. 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, 2015 January 13, 2015 1 EUR 73.7348 73.4171 1 GBP 94.2788 94.0971 100 YEN 52.62 52.28 Note : The SDR-Ru
Jan 12, 2015
RBI and ECB sign an MoU on Cooperation
Photograph Dr. Raghuram Rajan, Governor, Reserve Bank of India (RBI) and Dr. Mario Draghi, President of the European Central Bank (ECB) today signed a Memorandum of Understanding (MoU) on cooperation in the field of central banking. The Memorandum of Understanding provides a framework for regular exchange of information, policy dialogue and technical cooperation between the two institutions. Technical cooperation may take the form of joint seminars and workshops in ar
Photograph Dr. Raghuram Rajan, Governor, Reserve Bank of India (RBI) and Dr. Mario Draghi, President of the European Central Bank (ECB) today signed a Memorandum of Understanding (MoU) on cooperation in the field of central banking. The Memorandum of Understanding provides a framework for regular exchange of information, policy dialogue and technical cooperation between the two institutions. Technical cooperation may take the form of joint seminars and workshops in ar
Jan 12, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1605 on January 12, 2015. The corresponding rate for the previous day (January 09, 2015) was `62.3953. 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, 2015 January 12, 2015 1 EUR 73.6140 73.7348 1 GBP 94.1670 94.2788 100 YEN 52.23 52.62 Note : The SDR-Rupe
The Reserve Bank of India’s Reference Rate for the US Dollar is `62.1605 on January 12, 2015. The corresponding rate for the previous day (January 09, 2015) was `62.3953. 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, 2015 January 12, 2015 1 EUR 73.6140 73.7348 1 GBP 94.1670 94.2788 100 YEN 52.23 52.62 Note : The SDR-Rupe
Jan 09, 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 December 22, 2014 to December 26, 2014. 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 22-12-2014 2,789 657 842 464 140 182 7,498 5,783 438 2,024 1,494 122 23-12-2014 3,571 1,1
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 22, 2014 to December 26, 2014. 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 22-12-2014 2,789 657 842 464 140 182 7,498 5,783 438 2,024 1,494 122 23-12-2014 3,571 1,1
Jan 09, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3953 on January 09, 2015. The corresponding rate for the previous day (January 08, 2015) was ` 62.9670. 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, 2015 January 09, 2015 1 EUR 74.4270 73.6140 1 GBP 94.9731 94.1670 100 YEN 52.53 52.23 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.3953 on January 09, 2015. The corresponding rate for the previous day (January 08, 2015) was ` 62.9670. 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, 2015 January 09, 2015 1 EUR 74.4270 73.6140 1 GBP 94.9731 94.1670 100 YEN 52.53 52.23 Note : The SDR-Ru
Jan 08, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.9670 on January 08, 2015. The corresponding rate for the previous day (January 07, 2015) was ` 63.4495. 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 07, 2015 January 08, 2015 1 EUR 75.2765 74.4270 1 GBP 95.9864 94.9731 100 YEN 53.30 52.53 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 62.9670 on January 08, 2015. The corresponding rate for the previous day (January 07, 2015) was ` 63.4495. 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 07, 2015 January 08, 2015 1 EUR 75.2765 74.4270 1 GBP 95.9864 94.9731 100 YEN 53.30 52.53 Note : The SDR-Ru
Jan 07, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.4495 on January 07, 2015. The corresponding rate for the previous day (January 06, 2015) was ` 63.3850. 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 06, 2015 January 07, 2015 1 EUR 75.7958 75.2765 1 GBP 96.7192 95.9864 100 YEN 53.25 53.30 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.4495 on January 07, 2015. The corresponding rate for the previous day (January 06, 2015) was ` 63.3850. 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 06, 2015 January 07, 2015 1 EUR 75.7958 75.2765 1 GBP 96.7192 95.9864 100 YEN 53.25 53.30 Note : The SDR-Ru
Jan 06, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3850 on January 06, 2015. The corresponding rate for the previous day (January 05, 2015) was ` 63.3888. 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, 2015 January 06, 2015 1 EUR 75.6672 75.7958 1 GBP 96.8454 96.7192 100 YEN 52.61 53.25 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3850 on January 06, 2015. The corresponding rate for the previous day (January 05, 2015) was ` 63.3888. 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, 2015 January 06, 2015 1 EUR 75.6672 75.7958 1 GBP 96.8454 96.7192 100 YEN 52.61 53.25 Note : The SDR-Ru
Jan 05, 2015
FIIs/RFPIs can now invest up to 49% under PIS in M/s Bajaj Corp 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 Bajaj Corp 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 equit
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 Bajaj Corp 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 equit
Jan 05, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3888 on January 05, 2015. The corresponding rate for the previous day (January 02, 2015) was ` 63.2878. 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, 2015 January 05, 2015 1 EUR 76.3061 75.6672 1 GBP 98.3872 96.8454 100 YEN 52.59 52.61 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3888 on January 05, 2015. The corresponding rate for the previous day (January 02, 2015) was ` 63.2878. 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, 2015 January 05, 2015 1 EUR 76.3061 75.6672 1 GBP 98.3872 96.8454 100 YEN 52.59 52.61 Note : The SDR-Ru
Jan 02, 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 December 15, 2014 to December 19, 2014. 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 15-12-2014 2,544 2,056 509 601 1,299 1,433 10,485 6,094 327 3,990 1,462 98 16-12-2014 2,4
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 15, 2014 to December 19, 2014. 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 15-12-2014 2,544 2,056 509 601 1,299 1,433 10,485 6,094 327 3,990 1,462 98 16-12-2014 2,4
Jan 02, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.2878 on January 02, 2015. The corresponding rate for the previous day (January 01, 2015) was ` 63.3213. 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, 2015 January 02, 2015 1 EUR 76.5998 76.3061 1 GBP 98.6356 98.3872 100 YEN 52.91 52.59 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.2878 on January 02, 2015. The corresponding rate for the previous day (January 01, 2015) was ` 63.3213. 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, 2015 January 02, 2015 1 EUR 76.5998 76.3061 1 GBP 98.6356 98.3872 100 YEN 52.91 52.59 Note : The SDR-Ru
Jan 01, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3213 on January 1, 2015. The corresponding rate for the previous day (December 31, 2014) was ` 63.3315. 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 31, 2014 January 1, 2015 1 EUR 77.0048 76.5998 1 GBP 98.5818 98.6356 100 YEN 52.93 52.91 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3213 on January 1, 2015. The corresponding rate for the previous day (December 31, 2014) was ` 63.3315. 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 31, 2014 January 1, 2015 1 EUR 77.0048 76.5998 1 GBP 98.5818 98.6356 100 YEN 52.93 52.91 Note : The SDR-Ru
Dec 31, 2014
India’s International Investment Position (IIP), September 2014
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
Dec 31, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3315 on December 31, 2014. The corresponding rate for the previous day (December 30, 2014) was ` 63.7498. 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 30, 2014 December 31, 2014 1 EUR 77.3221 77.0048 1 GBP 98.8759 98.5818 100 YEN 53.00 52.93 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.3315 on December 31, 2014. The corresponding rate for the previous day (December 30, 2014) was ` 63.7498. 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 30, 2014 December 31, 2014 1 EUR 77.3221 77.0048 1 GBP 98.8759 98.5818 100 YEN 53.00 52.93 Note : The SD
Dec 30, 2014
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.7498 on December 30, 2014. The corresponding rate for the previous day (December 29, 2014) was ` 63.6539. 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, 2014 December 30, 2014 1 EUR 77.6005 77.3221 1 GBP 99.1409 98.8759 100 YEN 52.90 53.00 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ` 63.7498 on December 30, 2014. The corresponding rate for the previous day (December 29, 2014) was ` 63.6539. 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, 2014 December 30, 2014 1 EUR 77.6005 77.3221 1 GBP 99.1409 98.8759 100 YEN 52.90 53.00 Note : The SD
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