Press Releases - RBI - Reserve Bank of India

April 28, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.82 on 28.04.1999 as against Rs.42.95 on 26.04.1999. 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

April 26, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.95 on 26.04.1999 as against Rs.42.74 on 23.04.1999. 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

April 23, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.74 on 23.04.1999 as against Rs.42.74 on 22.04.1999. 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

April 22, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.74 on 22.04.1999 as against Rs.42.71 on 21.04.1999. 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 released the Exchange Control Manual on its Website (URL: www.rbi.org.in). The Exchange Control Manual is updated till December 1998. The ADMA circulars issued since January 1999 are also available on the website. For the first time the Reserve Bank has also made available on the website all the forms required for exchange control purposes. The Exchange Control Manual can be directly accessed through URL:www.ecm.rbi.org.in.The ADMA/GP cir

April 21, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.71 on 21.04.1999 as against Rs.42.79 on 20.04.1999. 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 granted general permission to foreign airline companies under the Foreign Exchange Regulation Act, 1973 to carry on their commercial activities through their local agents on certain conditions. The foreign airline companies will now be able to carry on their commercial activities, such as, transportation of goods and passengers, and collection of freight charges and fares for online and offline operations through their local agents withou

April 20, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.79 on 20.04.1999 as against Rs.42.85 on 19.04.1999. 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

April 19, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.85 on 19.04.1999 as against Rs.42.76 on 16.04.1999. 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

April 16, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.76 on 16.04.1999 as against Rs.42.83 on 15.04.1999. 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