Press Releases - RBI - Reserve Bank of India

The Reserve Bank of India on August 11, 2000 has notified that non-resident Indians (NRIs) / overseas corporate bodies (OCBs) and persons of Indian origin (PIOs) can now purchase equity shares and convertible debentures of M/s Burr Brown (India) Ltd., upto 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme (PIS). The Reserve Bank has also notified that Foreign Institutional Investors (FIIs) can now purchase equity shares a

August 10, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.68 on 10.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN09 August 200045.640068.580941.037242.1310 August 200045.680068.636541.278742.4400Note : The reference rate is based on 12 noon rates of a few select banks in

August 9, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.64 on 09.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN08 August 200045.720069.048641.506942.1009 August 200045.640068.580941.037242.1300Note : The reference rate is based on 12 noon rates of a few select banks in

August 8, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.72 on 08.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN7 August 2000 45.570068.421141.341141.938 August 200045.720069.048641.506942.1000Note : The reference rate is based on 12 noon rates of a few select banks in M

August 7, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.57 on 07.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN04 August 200045.390067.821741.046241.8307 August 200045.570068.421141.341141.9300Note : The reference rate is based on 12 noon rates of a few select banks in

August 4, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.39 on 04.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN03 August 200045.440068.103241.609441.7604 August 200045.390067.821741.046241.8300Note : The reference rate is based on 12 noon rates of a few select banks in

August 3, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.44 on 03.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN02 August 200045.340067.735741.515641.7203 August 200045.440068.103241.609441.7600Note : The reference rate is based on 12 noon rates of a few select banks in

August 2, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.34 on 02.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN 01 August 200045.130067.519041.756541.2202 August 200045.340067.735741.515641.7200Note : The reference rate is based on 12 noon rates of a few select banks in

The Reserve Bank of India on August 2, 2000, has notified that non-resident Indians(NRIs) / overseas corporate bodies (OCBs) and persons of Indian origin (PIOs) can now purchase in the secondary market equity shares of the following companies upto 8 per cent of their paid up capital under the portfolio investment scheme, as the holdings of NRIs / OCBs / and PIOs have gone down below 8 per cent.Asian Star Co.Padmini Polymers Lted.P V Sadanandan Assistant ManagerPress R

All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD SPOT FORWARD FORWARD SPOT SWAP FORWARD SPOT SWAP FORWARD CANCELLATION CANCELLATION 17/07/2000 373 81 40 18 14 20 518 730 55 536 117 13 18/07/2000 239 97 11 7 17 7 465 899 85 436 55 30 19/07/2000 256 53 24 3 25 7 570 949 107 405 249 78 20/07/2000 328 82 29 15 20 12 958 1034 144 466 102 38 21/07/2000 240 127 28 28 27 21 822 952 110 454 70 10 S