Press Releases - আরবিআই - Reserve Bank of India

March 22, 1999     The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.39 on 22.03.1999 as against Rs.42.40 on 19.03.1999. 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 a

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Aptech Ltd., up to 30 per cent of their paid up capital instead of the earlier 24 per cent through primary markets and stock exchanges, as the company has passed a resolution to this effect, at its Board and General Body Meetings.Maureen ShankarManagerPress Release : 1998-99/1204

March 19, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.40 on 19.03.1999 as against Rs.42.42 on 17.03.1999. 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 17, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.42 on 17.03.1999 as against Rs.42.41 on 16.03.1999. 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 16, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.41 on 16.03.1999 as against Rs.42.42 on 15.03.1999. 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

All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 01/03/199946597393540446079721853971883603/03/199934693482733316707521123672012504/03/1999256166151958404639401403952183705/03/19992257834124733348701893551969SALES 01/03/19994312023117415357210071844201913603/03/1999262224491533266127681233651902504/03/199925019020155937434

March 15, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.42 on 15.03.1999 as against Rs.42.43 on 12.03.1999. 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 12, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.43 on 12.03.1999 as against Rs.42.45 on 11.03.1999. 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 11, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.45 on 11.03.1999 as against Rs.42.44 on 10.03.1999. 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

The Reserve Bank of India has notified on March 11, 1999 that the aggregate net purchases of equity shares of Vikas WSP Ltd. by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 22 per cent of its paid up capital. No further purchases of equity shares of Vikas WSP Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank.Maureen Shankar ManagerPress Release : 1998-99/1158