Press Releases - আরবিআই - Reserve Bank of India

The Reserve Bank of India has issued general permission under Foreign Exchange Regulation Act (FERA) for issue of shares to non-residents vide Notification No.FERA 215/2000-RB dated March 22, 2000. Accordingly, the eligible Indian companies can issue shares to non-residents and file the prescribed declarations etc. with the Regional Offices of RBI as hitherto.It may be recalled that the Government of India has recently issued directions expanding substantially the 'au

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 28/02/2000507127 124 4413637 652102869 704337 56 29/02/200037592 21 265135 53491877 460307 16 01/03/2000275111 14 364924 7811228119 464143 20 02/03/2000343113 8 573430 500998121 492151 12 03/03/200024472 36 454711 5381066101 388145 19 06/03/200037498 3 242714 75758154 409119

March 22, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 22.03.2000 as against Rs.43.57 on 21.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 21, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.57 on 21.03.2000 as against Rs.43.58 on 16.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

Indian companies, including those which have already enhanced the aggregate ceiling from the normal level of 24 per cent to 30 per cent of its issued and paid up capital, would now be permitted to allow Foreign Institutional Investors (FII) investment under Portfolio Investment Scheme (PIS), up to 40 per cent of their issued and paid up capital subject to : the approval by the board of directors of the company to the enhanced limit up to 40 per cent ;a special resolut

March 16, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 16.03.2000 as against Rs.43.59 on 15.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 15, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.59 on 15.03.2000 as against Rs.43.58 on 14.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 14, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 14.03.2000 as against Rs.43.58 on 13.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 13, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 13.03.2000 as against Rs.43.59 on 10.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs

March 10, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.59 on 10.03.2000 as against Rs.43.58 on 09.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs