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Press Releases
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Jun 19, 2000RBI Reference Rate for US $June 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.69 on 19.06.2000. 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 USD1 GBP1 EURO100 YEN16 June 2000 44.750067.858942.512542.0619 June 2000 44.690067.658443.166142.0900Note : The reference rate is based on 12 noon rates of a few select banks in MumbaJune 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.69 on 19.06.2000. 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 USD1 GBP1 EURO100 YEN16 June 2000 44.750067.858942.512542.0619 June 2000 44.690067.658443.166142.0900Note : The reference rate is based on 12 noon rates of a few select banks in Mumba
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Jun 16, 2000Investments by NRIs/OCBs in the shares of Indian CompaniesThe Reserve Bank of India on June 16, 2000 has notified that non-resident Indians (NRIs), overseas corporate bodies (OCBs) can now purchase equity shares and convertible debentures of M/s. Rama Phosphates Ltd. up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme (PIS), as the company has passed a resolution at its General Body Meeting to this effect.P. V. Sadanandan Asstt. ManagerPress Release : 1999-2000/1686 MonitoriThe Reserve Bank of India on June 16, 2000 has notified that non-resident Indians (NRIs), overseas corporate bodies (OCBs) can now purchase equity shares and convertible debentures of M/s. Rama Phosphates Ltd. up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme (PIS), as the company has passed a resolution at its General Body Meeting to this effect.P. V. Sadanandan Asstt. ManagerPress Release : 1999-2000/1686 Monitori
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Jun 16, 2000RBI Reference Rate for US $June 16, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.75 on 16.06.2000. 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 YEN14 June 2000 44.710067.416043.062442.0016 June 200044.750067.858942.512542.0600Note : The reference rate is based on 12 noon rates of a few select banks inJune 16, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.75 on 16.06.2000. 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 YEN14 June 2000 44.710067.416043.062442.0016 June 200044.750067.858942.512542.0600Note : The reference rate is based on 12 noon rates of a few select banks in
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Jun 14, 2000Investment by Foreign Institutional InvestorsThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Elbee Services Ltd., Infosys Technologies Ltd., Pentamedia Graphics Ltd. (formerly Pentafour Software & Exports Ltd.) and UTV Softwere Ltd., up to 40 per cent of their paid up capital through primary and secondary markets in India. The companies have passed resolution at their Board of Directors' and General BodThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Elbee Services Ltd., Infosys Technologies Ltd., Pentamedia Graphics Ltd. (formerly Pentafour Software & Exports Ltd.) and UTV Softwere Ltd., up to 40 per cent of their paid up capital through primary and secondary markets in India. The companies have passed resolution at their Board of Directors' and General Bod
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Jun 14, 2000RBI Reference Rate for US $June 14, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.71 on 14.06.2000. 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 13 June 2000 44.780067.891042.908241.9914 June 200044.710067.416043.062442.0000Note : The reference rate is based on 12 noon rates of a few select banks in MumJune 14, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.71 on 14.06.2000. 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 13 June 2000 44.780067.891042.908241.9914 June 200044.710067.416043.062442.0000Note : The reference rate is based on 12 noon rates of a few select banks in Mum
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Jun 13, 2000RBI Reference Rate for US $June 13, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 13.06.2000. 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 12 June 2000 44.780067.393942.541041.9313 June 200044.780067.891042.908241.9900Note : The reference rate is based on 12 noon rates of a few select banks in MumJune 13, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 13.06.2000. 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 12 June 2000 44.780067.393942.541041.9313 June 200044.780067.891042.908241.9900Note : The reference rate is based on 12 noon rates of a few select banks in Mum
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Jun 12, 2000Reserve Bank of India - Foreign Exchange Data from 29/05/2000 to 02/06/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 29/05/200029152141 253417 757762189 251492 78 30/05/20002018536 83625 10271571141 522447 20 31/05/200029910749 212621 501824106 468352 50 01/06/2000246444 202722 893153244 499418 35 02/06/2000237475 301215 564819123 456414 15 SALES 29/05/200036323521 253836 666746157 260556 7All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 29/05/200029152141 253417 757762189 251492 78 30/05/20002018536 83625 10271571141 522447 20 31/05/200029910749 212621 501824106 468352 50 01/06/2000246444 202722 893153244 499418 35 02/06/2000237475 301215 564819123 456414 15 SALES 29/05/200036323521 253836 666746157 260556 7
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Jun 12, 2000RBI Reference Rate for US $June 12, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 12.06.2000. 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 09 June 2000 44.760067.605542.698842.1812 June 200044.780067.393942.541041.9300Note : The reference rate is based on 12 noon rates of a few select banks in MumJune 12, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 12.06.2000. 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 09 June 2000 44.760067.605542.698842.1812 June 200044.780067.393942.541041.9300Note : The reference rate is based on 12 noon rates of a few select banks in Mum
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Jun 09, 2000RBI Reference Rate for US $June 9, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.76 on 09.06.2000. 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 June 2000 44.780068.043242.899242.2509 June 200044.760067.605542.698842.1800Note : The reference rate is based on 12 noon rates of a few select banks in MumbaJune 9, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.76 on 09.06.2000. 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 June 2000 44.780068.043242.899242.2509 June 200044.760067.605542.698842.1800Note : The reference rate is based on 12 noon rates of a few select banks in Mumba
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Jun 08, 2000RBI Statement on Forex MarketIn response to queries received today from banks on open positions, it is clarified as under :As clearly indicated in the statement issued this morning, the instruction on open position is applicable only for today. Hence status quo ante is restored with effect from June 9, 2000.P.V. SadanandanAsst. ManagerPress Release : 1999-2000/1652In response to queries received today from banks on open positions, it is clarified as under :As clearly indicated in the statement issued this morning, the instruction on open position is applicable only for today. Hence status quo ante is restored with effect from June 9, 2000.P.V. SadanandanAsst. ManagerPress Release : 1999-2000/1652
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Jun 08, 2000RBI Reference Rate for US $June 8, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 08.06.2000. 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 07 June 2000 44.690068.210342.732642.2108 June 200044.780068.043242.899242.2500Note : The reference rate is based on 12 noon rates of a few select banks in MumbJune 8, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.78 on 08.06.2000. 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 07 June 2000 44.690068.210342.732642.2108 June 200044.780068.043242.899242.2500Note : The reference rate is based on 12 noon rates of a few select banks in Mumb
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Jun 08, 2000RBI statement on Forex MarketThe Reserve Bank of India has been watching the inter-bank transactions between 9.00 a.m. - 10.00 a.m. this morning. According to market information, there were few transactions of small value, while the price was being moved sharply higher by some banks. This indicates that the inter-bank activity this morning, despite RBI's repeated reminders seems to be speculative in nature. RBI has instructed banks to maintain square position for the day. If necessary, RBI will iThe Reserve Bank of India has been watching the inter-bank transactions between 9.00 a.m. - 10.00 a.m. this morning. According to market information, there were few transactions of small value, while the price was being moved sharply higher by some banks. This indicates that the inter-bank activity this morning, despite RBI's repeated reminders seems to be speculative in nature. RBI has instructed banks to maintain square position for the day. If necessary, RBI will i
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Jun 07, 2000RBI Reference Rate for US $June 7, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.69 on 07.06.2000. 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 YEN06 June 2000 44.670067.704142.286941.7007 June 200044.690068.210342.732642.2100Note : The reference rate is based on 12 noon rates of a few select banks inJune 7, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.69 on 07.06.2000. 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 YEN06 June 2000 44.670067.704142.286941.7007 June 200044.690068.210342.732642.2100Note : The reference rate is based on 12 noon rates of a few select banks in
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Jun 06, 2000RBI Reference Rate for US $June 6, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.67 on 06.06.2000. 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 YEN05 June 200044.660067.369642.112141.330006 June 200044.670067.704142.286941.7000Note : The reference rate is based on 12 noon rates of a few select banks in MumbJune 6, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.67 on 06.06.2000. 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 YEN05 June 200044.660067.369642.112141.330006 June 200044.670067.704142.286941.7000Note : The reference rate is based on 12 noon rates of a few select banks in Mumb
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Jun 05, 2000RBI Reference Rate for US $June 5, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.66 on 05.06.2000. 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 June 2000 44.650066.818741.776840.9705 June 200044.660067.369642.112141.3300Note : The reference rate is based on 12 noon rates of a few select banks in MumbaJune 5, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.66 on 05.06.2000. 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 June 2000 44.650066.818741.776840.9705 June 200044.660067.369642.112141.3300Note : The reference rate is based on 12 noon rates of a few select banks in Mumba
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Jun 02, 2000RBI issues Simple and Transparent Rules under FEMAThe Foreign Exchange Management Act, 1999 has come into effect on June 1, 2000 and has replaced the Foreign Exchange Regulation Act 1973. The object of the Foreign Exchange Regulation Act 1973 was to conserve the foreign exchange resources; whereas the object of the new Act, i.e., the Foreign Exchange Management Act, 1999 is to facilitate external trade and payments and to promote orderly maintenance of the foreign exchange market in India. The highlights of the new AThe Foreign Exchange Management Act, 1999 has come into effect on June 1, 2000 and has replaced the Foreign Exchange Regulation Act 1973. The object of the Foreign Exchange Regulation Act 1973 was to conserve the foreign exchange resources; whereas the object of the new Act, i.e., the Foreign Exchange Management Act, 1999 is to facilitate external trade and payments and to promote orderly maintenance of the foreign exchange market in India. The highlights of the new A
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Jun 02, 2000RBI Reference Rate for US $June 2, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.65 on 02.06.2000. 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 YEN01 June 2000 44.570066.788141.759941.1102 June 200044.650066.818741.776840.9700Note : The reference rate is based on 12 noon rates of a few select banks in MumbaJune 2, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.65 on 02.06.2000. 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 YEN01 June 2000 44.570066.788141.759941.1102 June 200044.650066.818741.776840.9700Note : The reference rate is based on 12 noon rates of a few select banks in Mumba
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Jun 01, 2000RBI Reference Rate for US $June 1, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.57 on 01.06.2000. 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 YEN31 May 2000 44.580066.586941.399241.8101 June 200044.570066.788141.759941.1100Note : The reference rate is based on 12 noon rates of a few select banks in MumbaiJune 1, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.57 on 01.06.2000. 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 YEN31 May 2000 44.580066.586941.399241.8101 June 200044.570066.788141.759941.1100Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai
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May 31, 2000Monitoring of Limits by FIIs under PISThe Reserve Bank of India has informed that the holdings of Foreign Institutional investors in M/s. Penta Media Graphics Ltd. (formerly Pentafour Software & Exports Ltd.) have gone down below 28 per cent of its paid up capital. As such, the restriction placed on the purchase of shares of M/s. Penta Media Graphics Ltd. on behalf of FIIs has been withdrawn. It will, therefore, be in order now to purchase the shares of the company in the secondary market on behalf ofThe Reserve Bank of India has informed that the holdings of Foreign Institutional investors in M/s. Penta Media Graphics Ltd. (formerly Pentafour Software & Exports Ltd.) have gone down below 28 per cent of its paid up capital. As such, the restriction placed on the purchase of shares of M/s. Penta Media Graphics Ltd. on behalf of FIIs has been withdrawn. It will, therefore, be in order now to purchase the shares of the company in the secondary market on behalf of
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May 31, 2000RBI Reference Rate for US $May 31, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.58 on 31.05.2000. 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 YEN30 May 2000 44.580066.747441.483941.7031 May 2000 44.580066.586941.399241.8100Note : The reference rate is based on 12 noon rates of a few select banks in MumbaiMay 31, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.58 on 31.05.2000. 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 YEN30 May 2000 44.580066.747441.483941.7031 May 2000 44.580066.586941.399241.8100Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai
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May 30, 2000Reserve Bank of India - Foreign Exchange Data from 08/05/2000 to 19/05/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 08/05/20003251039 103210 474819122 551180 11 09/05/2000276874 11278 548889292 448166 21 10/05/200027329734 72016 1178740189 39390 9 11/05/20002086824 36589 1320763169 495247 70 12/05/20002777921 222610 1259950146 363125 19 15/05/20003338858 83015 920629126 444165 74 16/05/200All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 08/05/20003251039 103210 474819122 551180 11 09/05/2000276874 11278 548889292 448166 21 10/05/200027329734 72016 1178740189 39390 9 11/05/20002086824 36589 1320763169 495247 70 12/05/20002777921 222610 1259950146 363125 19 15/05/20003338858 83015 920629126 444165 74 16/05/200
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May 30, 2000RBI Reference Rate for US $May 30, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.58 on 30.05.2000. 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 YEN29 May 2000 44.450066.208341.276341.570030 May 2000 44.580066.747441.483941.7000Note : The reference rate is based on 12 noon rates of a few select banks inMay 30, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.58 on 30.05.2000. 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 YEN29 May 2000 44.450066.208341.276341.570030 May 2000 44.580066.747441.483941.7000Note : The reference rate is based on 12 noon rates of a few select banks in
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May 29, 2000RBI Reference Rate for US $May 29, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.45 on 29.05.2000.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 USD 1 GBP1 EURO100 YEN26 May 200044.310065.412640.601341.2229 May 200044.450066.208341.276341.5700Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai.May 29, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.45 on 29.05.2000.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 USD 1 GBP1 EURO100 YEN26 May 200044.310065.412640.601341.2229 May 200044.450066.208341.276341.5700Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai.
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May 26, 2000RBI Reference Rate for US $May 26, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.31 on 26.05.2000.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 25 May 2000 44.290065.170540.013841.1226 May 2000 44.310065.412640.601341.2200Note : The reference rate is based on 12 noon rates of a few select banks in MumbaiMay 26, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.31 on 26.05.2000.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 25 May 2000 44.290065.170540.013841.1226 May 2000 44.310065.412640.601341.2200Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai
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May 25, 2000Reserve Bank of India - Foreign Exchange Data from 24/04/2000 to 05/05/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 24/04/20005548436 2286424795151 148244 33 25/04/20003199875 332412341790132 310135 10 26/04/200031510589 375419561709101 446293 135 27/04/200033210655 21399726957159 430174 32 28/04/2000332108140 195528356615116 448138 49 02/05/20005541066 23371753777681 376556 185 03/05/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 24/04/20005548436 2286424795151 148244 33 25/04/20003199875 332412341790132 310135 10 26/04/200031510589 375419561709101 446293 135 27/04/200033210655 21399726957159 430174 32 28/04/2000332108140 195528356615116 448138 49 02/05/20005541066 23371753777681 376556 185 03/05/2000
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May 25, 2000Reserve Bank of India's Statement on Forex MarketsIn the past four weeks or so, for reasons which are not entirely clear (and which may presumably be related to prevailing conditions in the international equity and currency markets), foreign exchange markets in India have shown considerable uncertainty and exaggerated speculation about RBI’s intentions regarding the level of the exchange rate of the rupee. In order to reduce these uncertainties, as in similar situations in the past, RBI has decided to introduce someIn the past four weeks or so, for reasons which are not entirely clear (and which may presumably be related to prevailing conditions in the international equity and currency markets), foreign exchange markets in India have shown considerable uncertainty and exaggerated speculation about RBI’s intentions regarding the level of the exchange rate of the rupee. In order to reduce these uncertainties, as in similar situations in the past, RBI has decided to introduce some
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May 25, 2000RBI Reference Rate for US $May 25, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.29 on 25.05.2000 as against Rs.44.08 on 24.05.2000. 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 (MiMay 25, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.29 on 25.05.2000 as against Rs.44.08 on 24.05.2000. 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 (Mi
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May 24, 2000RBI Reference Rate for US $May 24, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.08 on 24.05.2000 as against Rs.43.98 on 23.05.2000. 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 (MiMay 24, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.08 on 24.05.2000 as against Rs.43.98 on 23.05.2000. 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 (Mi
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May 23, 2000Investment by NRIs/OCBs/PIOs Under PISThe Reserve Bank of India on May 23, 2000 has notified that no further purchases without the prior approval of the Reserve Bank should be made of equity shares of Padmini Polymers Ltd. And Nalco Chemicals India Ltd. on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs)/persons of Indian origin (PIOs). The Reserve Bank has stated that the aggregate net purchases of equity shares of these companies by NRIs/OCBs/PIOs in the secondary market has reacheThe Reserve Bank of India on May 23, 2000 has notified that no further purchases without the prior approval of the Reserve Bank should be made of equity shares of Padmini Polymers Ltd. And Nalco Chemicals India Ltd. on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs)/persons of Indian origin (PIOs). The Reserve Bank has stated that the aggregate net purchases of equity shares of these companies by NRIs/OCBs/PIOs in the secondary market has reache
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May 23, 2000RBI Reference Rate for US $May 23, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.98 on 23.05.2000 as against Rs.43.97 on 22.05.2000. 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 (MiMay 23, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.98 on 23.05.2000 as against Rs.43.97 on 22.05.2000. 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 (Mi
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May 22, 2000RBI Reference Rate for US $May 22, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 22.05.2000 as against Rs.43.98 on 19.05.2000. 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 (MiMay 22, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 22.05.2000 as against Rs.43.98 on 19.05.2000. 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 (Mi
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May 19, 2000RBI Reference Rate for US $May 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.98 on 19.05.2000 as against Rs.43.97 on 17.05.2000. 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 (MiMay 19, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.98 on 19.05.2000 as against Rs.43.97 on 17.05.2000. 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 (Mi
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May 17, 2000Investment by FIIs under PISThe Reserve Bank of India on May 15, 2000 has withdrawn the restriction placed on the purchase of shares of M/s.BFL Software Ltd. on behalf of Foreign Institutional Investors (FIIs). The Reserve Bank has stated that the percentage of foreign institutional investors (FIIs) investment to the paid up capital of M/s. BFL Software Ltd., has gone below the permitted limit of 22 per cent of its paid up capital.Investment by FIIs/NRIs/OCBs/PIOs in Public Sector BanksThe ReserThe Reserve Bank of India on May 15, 2000 has withdrawn the restriction placed on the purchase of shares of M/s.BFL Software Ltd. on behalf of Foreign Institutional Investors (FIIs). The Reserve Bank has stated that the percentage of foreign institutional investors (FIIs) investment to the paid up capital of M/s. BFL Software Ltd., has gone below the permitted limit of 22 per cent of its paid up capital.Investment by FIIs/NRIs/OCBs/PIOs in Public Sector BanksThe Reser
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May 17, 2000RBI Reference Rate for US $May 17, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 17.05.2000 as against Rs.43.97 on 16.05.2000. 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 : Date Currency per Rs.100 (MMay 17, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 17.05.2000 as against Rs.43.97 on 16.05.2000. 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 : Date Currency per Rs.100 (M
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May 16, 2000RBI Reference Rate for US $May 16, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 16.05.2000 as against Rs.44.03 on 15.05.2000. 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 (MiMay 16, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.97 on 16.05.2000 as against Rs.44.03 on 15.05.2000. 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 (Mi
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May 15, 2000RBI Reference Rate for US $May 15, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.03 on 15.05.2000 as against Rs.43.92 on 12.05.2000. 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 (MiMay 15, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.44.03 on 15.05.2000 as against Rs.43.92 on 12.05.2000. 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 (Mi
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May 12, 2000RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.92 on 12.05.2000 as against Rs.43.94 on 11.05.2000. 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 (Middle Rates)The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.92 on 12.05.2000 as against Rs.43.94 on 11.05.2000. 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 (Middle Rates)
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May 11, 2000RBI Reference Rate for US $May 11, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.94 on 11.05.2000 as against Rs.43.74 on 10.05.2000. 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 : DateCurrency per Rs.100May 11, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.94 on 11.05.2000 as against Rs.43.74 on 10.05.2000. 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 : DateCurrency per Rs.100
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May 10, 2000RBI Reference Rate for US $May 10, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.74 on 10.05.2000 as against Rs.43.66 on 05.05.2000. 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 (MiMay 10, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.74 on 10.05.2000 as against Rs.43.66 on 05.05.2000. 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 (Mi
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May 09, 2000Investment by Foreign Institutional InvestorsThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Global Tele Systems Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India. The company has passed a resolution at its Board of Directors' and General Body Meetings for purchase of its equity shares and convertible debentures by FIIs upto 40% of its paid-up capital through primThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Global Tele Systems Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India. The company has passed a resolution at its Board of Directors' and General Body Meetings for purchase of its equity shares and convertible debentures by FIIs upto 40% of its paid-up capital through prim
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May 09, 2000RBI Reference Rate for US $May 09, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 09.05.2000 as against Rs.43.64 on 08.05.2000. 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 (MiMay 09, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 09.05.2000 as against Rs.43.64 on 08.05.2000. 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 (Mi
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May 08, 2000RBI Reference Rate for US $May 08, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 08.05.2000 as against Rs.43.64 on 05.05.2000. 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 (MiMay 08, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 08.05.2000 as against Rs.43.64 on 05.05.2000. 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 (Mi
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May 05, 2000Reserve Bank of India - Foreign Exchange Data from 17/04/2000 to 20/04/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 17/04/200043785 15 453021 56141134 410126 20 18/04/200030382 15 335617 38964554 412131 23 19/04/200025668 9 321410 50797222 31394 17 20/04/200026085 15 373318 634695115 28569 85 SALES 17/04/2000538148 16 463129 39246546 415132 20 18/04/2000281122 30 345524 33751559 401135 24All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 17/04/200043785 15 453021 56141134 410126 20 18/04/200030382 15 335617 38964554 412131 23 19/04/200025668 9 321410 50797222 31394 17 20/04/200026085 15 373318 634695115 28569 85 SALES 17/04/2000538148 16 463129 39246546 415132 20 18/04/2000281122 30 345524 33751559 401135 24
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May 05, 2000RBI Reference Rate for US $May 5, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 05.05.2000 as against Rs.43.65 on 04.05.2000. 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 : Date Currency per Rs.100 (May 5, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 05.05.2000 as against Rs.43.65 on 04.05.2000. 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 : Date Currency per Rs.100 (
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May 04, 2000RBI Reference Rate for US $May 4, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 04.05.2000 as against Rs.43.65 on 03.05.2000. 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 (MidMay 4, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 04.05.2000 as against Rs.43.65 on 03.05.2000. 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 (Mid
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May 03, 2000RBI Reference Rate for US $May 3, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.65 on 03.05.2000 as against Rs.43.66 on 02.05.2000. 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 (MidMay 3, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.65 on 03.05.2000 as against Rs.43.66 on 02.05.2000. 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 (Mid
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May 02, 2000RBI Reference Rate for US $May 2, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 02.05.2000 as against Rs.43.66 on 28.04.2000. 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 (MidMay 2, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 02.05.2000 as against Rs.43.66 on 28.04.2000. 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 (Mid
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May 02, 2000Delivery of Export Credit RBI to receive Suggestions from exportersRecognising the need for boosting exports, in the last 18 months several measures were introduced to ensure timely delivery of credit to exporters and remove procedural hassles. The Reserve Bank of India issued detailed guidelines to banks on simplification of procedures for credit delivery to the exporters in February 28, 1999 and also set up a monitoring group of bankers under the Chairmanship of Shri M.G.Srivastava, Executive Director for overseeing the implementatRecognising the need for boosting exports, in the last 18 months several measures were introduced to ensure timely delivery of credit to exporters and remove procedural hassles. The Reserve Bank of India issued detailed guidelines to banks on simplification of procedures for credit delivery to the exporters in February 28, 1999 and also set up a monitoring group of bankers under the Chairmanship of Shri M.G.Srivastava, Executive Director for overseeing the implementat
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Apr 28, 2000RBI Reference Rate for US $April 28, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 28.04.2000 as against Rs.43.66 on 27.04.2000. 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 (April 28, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 28.04.2000 as against Rs.43.66 on 27.04.2000. 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 (
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Apr 28, 2000Investment by FIIs in Indian companiesThe Reserve Bank of India on April 28, 2000 has notified that without its permission, no further purchases of shares of M/s. Penta Media Graphic Ltd. (formerly Pentafour Software & Exports Ltd.), should be made on behalf of foreign institutional investors (FIIs) under the portfolio investment scheme. The Reserve Bank has stated that M/s. Penta Media Graphic Ltd., has reached the limit of 28 per cent of its paid up equity capital. Alpana Killawala General ManaThe Reserve Bank of India on April 28, 2000 has notified that without its permission, no further purchases of shares of M/s. Penta Media Graphic Ltd. (formerly Pentafour Software & Exports Ltd.), should be made on behalf of foreign institutional investors (FIIs) under the portfolio investment scheme. The Reserve Bank has stated that M/s. Penta Media Graphic Ltd., has reached the limit of 28 per cent of its paid up equity capital. Alpana Killawala General Mana
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Apr 28, 2000Reserve Bank of India - Foreign Exchange Data from 10/04/2000 to 13/04/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 10/04/200045477 12 292612 566767168 30967 14 11/04/2000333114 32 43148 56871885 344109 9 13/04/2000483127 58 252916 43285033 258237 28 SALES 10/04/2000424115 32 312613 528770111 32563 13 11/04/2000363170 8 451510 48467294 558121 8 13/04/2000414198 26 122926 35982832 276229 28All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 10/04/200045477 12 292612 566767168 30967 14 11/04/2000333114 32 43148 56871885 344109 9 13/04/2000483127 58 252916 43285033 258237 28 SALES 10/04/2000424115 32 312613 528770111 32563 13 11/04/2000363170 8 451510 48467294 558121 8 13/04/2000414198 26 122926 35982832 276229 28
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Apr 27, 2000RBI Reference Rate for US $April 27, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 27.04.2000 as against Rs.43.66 on 26.04.2000. 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 (April 27, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 27.04.2000 as against Rs.43.66 on 26.04.2000. 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 (
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Apr 26, 2000RBI Reference Rate for US $April 26, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 26.04.2000 as against Rs.43.65 on 25.04.2000. 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 (April 26, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.66 on 26.04.2000 as against Rs.43.65 on 25.04.2000. 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 (
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Apr 25, 2000RBI Reference Rate for US $April 25, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 25.04.2000 as against Rs.43.65 on 24.04.2000. 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 (April 25, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 25.04.2000 as against Rs.43.65 on 24.04.2000. 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 (
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Apr 24, 2000RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 24.04.2000 as against Rs.43.64 on 20.04.2000. 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 (Middle Rates)The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 24.04.2000 as against Rs.43.64 on 20.04.2000. 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 (Middle Rates)
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Apr 20, 2000Reserve Bank of India - Foreign Exchange Data from 03/04/2000 to 07/04/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 03/04/2000486229 35 656355 6571175227 455124 23 04/04/200033798 16 812311 388940173 43994 37 06/04/200034669 4 261431 544121372 365185 5 07/04/200031873 12 322412 36392970 34965 13 SALES 03/04/2000445178 84 662688 528949237 502144 20 04/04/2000384150 53 812212 334732152 46511All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 03/04/2000486229 35 656355 6571175227 455124 23 04/04/200033798 16 812311 388940173 43994 37 06/04/200034669 4 261431 544121372 365185 5 07/04/200031873 12 322412 36392970 34965 13 SALES 03/04/2000445178 84 662688 528949237 502144 20 04/04/2000384150 53 812212 334732152 46511
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Apr 20, 2000RBI Reference Rate for US $April 20, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 20.04.2000 as against Rs.43.65 on 19.04.2000. 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 (April 20, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 20.04.2000 as against Rs.43.65 on 19.04.2000. 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 (
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Apr 19, 2000RBI Reference Rate for US $April 19, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 19.04.2000 as against Rs.43.64 on 18.04.2000. 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.100April 19, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 19.04.2000 as against Rs.43.64 on 18.04.2000. 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
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Apr 19, 2000Investment by Foreign Institutional InvestorsThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Satyam Computer Services Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India. The company has passed a resolution at its Board of Directors' and General Body Meeting for purchase of its equity shares and convertible debentures by FIIs upto 40% of its paid-up capital throughThe Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Satyam Computer Services Ltd., up to 40 per cent of its paid up capital through primary and secondary markets in India. The company has passed a resolution at its Board of Directors' and General Body Meeting for purchase of its equity shares and convertible debentures by FIIs upto 40% of its paid-up capital through
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Apr 18, 2000RBI Reference Rate for US $April 18, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 18.04.2000 as against Rs.43.65 on 17.04.2000. 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 (April 18, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 18.04.2000 as against Rs.43.65 on 17.04.2000. 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 (
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Apr 17, 2000RBI Reference Rate for US $April 17, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 17.04.2000 as against Rs.43.64 on 13.04.2000. 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 (April 17, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.65 on 17.04.2000 as against Rs.43.64 on 13.04.2000. 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 (
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Apr 13, 2000RBI Reference Rate for US $April 13, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 13.04.2000 as against Rs.43.63 on 11.04.2000. 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 (April 13, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.64 on 13.04.2000 as against Rs.43.63 on 11.04.2000. 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 (
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Apr 11, 2000RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 11.04.2000 as against Rs.43.61 on 10.04.2000. 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 (Middle Rates)The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 11.04.2000 as against Rs.43.61 on 10.04.2000. 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 (Middle Rates)
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Apr 10, 2000RBI Reference Rate for US $April 10, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 10.04.2000 as against Rs.43.62 on 07.04.2000. 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 (April 10, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 10.04.2000 as against Rs.43.62 on 07.04.2000. 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 (
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Apr 07, 2000RBI Reference Rate for US $April 7, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 07.04.2000 as against Rs.43.63 on 06.04.2000. 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 (MApril 7, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 07.04.2000 as against Rs.43.63 on 06.04.2000. 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 (M
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Apr 07, 2000Reserve Bank of India - Foreign Exchange Data from 21/03/2000 to 24/03/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 21/03/200068095 23 243525 75777853 228168 48 22/03/2000344114 32 175013 681100131 329131 11 23/03/200037171 36 362018 551848101 314175 38 24/03/200028570 22 242229 43554749 394143 15 SALES 21/03/2000542123 24 243616 84381252 252244 47 22/03/200054443 9 175014 67176043 329162All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 21/03/200068095 23 243525 75777853 228168 48 22/03/2000344114 32 175013 681100131 329131 11 23/03/200037171 36 362018 551848101 314175 38 24/03/200028570 22 242229 43554749 394143 15 SALES 21/03/2000542123 24 243616 84381252 252244 47 22/03/200054443 9 175014 67176043 329162
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Apr 06, 2000RBI Reference Rate for US $April 6, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 06.04.2000 as against Rs.43.63 on 04.04.2000. 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 (MApril 6, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 06.04.2000 as against Rs.43.63 on 04.04.2000. 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 (M
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Apr 04, 2000RBI Reference Rate for US $April 4, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 04.04.2000 as against Rs.43.62 on 03.04.2000. 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 (MApril 4, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.63 on 04.04.2000 as against Rs.43.62 on 03.04.2000. 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 (M
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Apr 03, 2000RBI Reference Rate for US $April 3, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 03.04.2000 as against Rs.43.62 on 31.03.2000. 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 (MApril 3, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 03.04.2000 as against Rs.43.62 on 31.03.2000. 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 (M
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Mar 31, 2000RBI Reference Rate for US $March 31, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 31.03.2000 as against Rs.43.61 on 30.03.2000. 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 31, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.62 on 31.03.2000 as against Rs.43.61 on 30.03.2000. 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 (
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Mar 31, 2000Monitoring FIIs Investments in Indian CompaniesThe Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Housing Development Finance Corportaion (HDFC) Ltd. up to 40 per cent of its paid up capital instead of the earlier 30 per cent through primary markets and stock exchanges, as this company has passed the resolution at its Board and General Body Meetings.P. V. Sadanandan Asstt. Manager Press Release : 1999-2000/1323 Monitoring oThe Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of Housing Development Finance Corportaion (HDFC) Ltd. up to 40 per cent of its paid up capital instead of the earlier 30 per cent through primary markets and stock exchanges, as this company has passed the resolution at its Board and General Body Meetings.P. V. Sadanandan Asstt. Manager Press Release : 1999-2000/1323 Monitoring o
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Mar 30, 2000Reserve Bank of India - Foreign Exchange Data from 13/03/2000 to 16/03/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 13/03/200064163 31 463616 77859036 486104 14 14/03/200049275 13 513729 447956178 323137 28 15/03/2000582119 45 503322 926920138 510165 15 16/03/200044575 17 682317 59478675 349103 46 SALES 13/03/2000440157 19 463414 84561857 542140 19 14/03/200048069 8 504032 480819182 339149All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 13/03/200064163 31 463616 77859036 486104 14 14/03/200049275 13 513729 447956178 323137 28 15/03/2000582119 45 503322 926920138 510165 15 16/03/200044575 17 682317 59478675 349103 46 SALES 13/03/2000440157 19 463414 84561857 542140 19 14/03/200048069 8 504032 480819182 339149
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Mar 30, 2000RBI Reference Rate for US $March 30, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 30.03.2000 as against Rs.43.59 on 29.03.2000. 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 30, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 30.03.2000 as against Rs.43.59 on 29.03.2000. 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 (
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Mar 29, 2000RBI Reference Rate for US $March 29, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.59 on 29.03.2000 as against Rs.43.61 on 28.03.2000. 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 29, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.59 on 29.03.2000 as against Rs.43.61 on 28.03.2000. 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 (
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Mar 29, 2000Monitoring of Limits by FIIs under PISThe Reserve Bank of India has informed that the holdings of Foreign Institutional investors in M/s. Gujarat Ambuja Cements Ltd. have gone down below 28 per cent of its paid up capital. As such, the restriction placed on the purchase of shares of M/s. Gujarat Ambuja Cements Ltd. on behalf of FIIs has been withdrawn. It will, therefore, be in order now to purchase the shares of the company in the secondary market on behalf of FII clients which have obtained the RBI permThe Reserve Bank of India has informed that the holdings of Foreign Institutional investors in M/s. Gujarat Ambuja Cements Ltd. have gone down below 28 per cent of its paid up capital. As such, the restriction placed on the purchase of shares of M/s. Gujarat Ambuja Cements Ltd. on behalf of FIIs has been withdrawn. It will, therefore, be in order now to purchase the shares of the company in the secondary market on behalf of FII clients which have obtained the RBI perm
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Mar 28, 2000RBI Reference Rate for US $March 28, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 28.03.2000 as against Rs.43.60 on 27.03.2000. 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 28, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 28.03.2000 as against Rs.43.60 on 27.03.2000. 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 (
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Mar 27, 2000RBI Reference Rate for US $March 27, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 27.03.2000 as against Rs.43.60 on 24.03.2000. 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 RsMarch 27, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 27.03.2000 as against Rs.43.60 on 24.03.2000. 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
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Mar 24, 2000Investment by FIIs in shares of Indian companiesThe Reserve Bank of India has today notified that no further purchases of shares of the M/s. BFL Software Ltd., Gujarat Ambuja Cements Ltd. and Satyam Computers Services Ltd. should be made on behalf of foreign institutional investors (FIIs) without obtaining prior clearance of the Reserve Bank. The holdings by FIIs in M/s. BFL Software LTD., has reached the alert level of 22 per cent of its paid up capital and those in M/s. Gujarat Ambuja Cements Ltd. and Satyam CompThe Reserve Bank of India has today notified that no further purchases of shares of the M/s. BFL Software Ltd., Gujarat Ambuja Cements Ltd. and Satyam Computers Services Ltd. should be made on behalf of foreign institutional investors (FIIs) without obtaining prior clearance of the Reserve Bank. The holdings by FIIs in M/s. BFL Software LTD., has reached the alert level of 22 per cent of its paid up capital and those in M/s. Gujarat Ambuja Cements Ltd. and Satyam Comp
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Mar 24, 2000RBI Reference Rate for US $March 24, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 24.03.2000 as against Rs.43.60 on 23.03.2000. 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 24, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 24.03.2000 as against Rs.43.60 on 23.03.2000. 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 (
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Mar 23, 2000RBI Reference Rate for US $March 23, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 23.03.2000 as against Rs.43.58 on 22.03.2000. 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 23, 2000The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.60 on 23.03.2000 as against Rs.43.58 on 22.03.2000. 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 (
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Mar 23, 2000Foreign investment under the automatic route of RBIThe 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 'auThe 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
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Mar 23, 2000Reserve Bank of India - Foreign Exchange Data from 28/02/2000 to 10/03/2000All 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 409119All 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
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Mar 22, 2000RBI Reference Rate for US $March 22, 2000The Reserve Bank of Indias 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 22, 2000The Reserve Bank of Indias 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 (
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Mar 21, 2000RBI Reference Rate for US $March 21, 2000The Reserve Bank of Indias 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 (March 21, 2000The Reserve Bank of Indias 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 (
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Mar 18, 2000Enhanced Investment Limits by FIIs under PISIndian 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 resolutIndian 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
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Mar 16, 2000RBI Reference Rate for US $March 16, 2000The Reserve Bank of Indias 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 16, 2000The Reserve Bank of Indias 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 (
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Mar 15, 2000RBI Reference Rate for US $March 15, 2000The Reserve Bank of Indias 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 15, 2000The Reserve Bank of Indias 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 (
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Mar 14, 2000RBI Reference Rate for US $March 14, 2000The Reserve Bank of Indias 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 14, 2000The Reserve Bank of Indias 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 (
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Mar 13, 2000RBI Reference Rate for US $March 13, 2000 The Reserve Bank of Indias 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 RsMarch 13, 2000 The Reserve Bank of Indias 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
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Mar 10, 2000RBI Reference Rate for US $March 10, 2000 The Reserve Bank of Indias 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 RsMarch 10, 2000 The Reserve Bank of Indias 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
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Mar 09, 2000Reserve Bank of India - Foreign Exchange Data from 21/02/2000 to 25/02/2000All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 21/02/200028778 16 574422 55357563 38358 16 22/02/200039676 33 473727 591874104 623201 20 23/02/2000375129 34 463832 61376866 444141 27 24/02/2000455157 52 354323 59967653 520177 17 25/02/2000407159 150 476329 530862406 564198 32 SALES 21/02/200029696 10 584421 56949551 40612All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 21/02/200028778 16 574422 55357563 38358 16 22/02/200039676 33 473727 591874104 623201 20 23/02/2000375129 34 463832 61376866 444141 27 24/02/2000455157 52 354323 59967653 520177 17 25/02/2000407159 150 476329 530862406 564198 32 SALES 21/02/200029696 10 584421 56949551 40612
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Mar 09, 2000RBI Reference Rate for US $March 9, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 09.03.2000 as against Rs.43.57 on 08.03.2000. 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 9, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 09.03.2000 as against Rs.43.57 on 08.03.2000. 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.
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Mar 08, 2000RBI Reference Rate for US $March 8, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 08.03.2000 as against Rs.43.57 on 07.03.2000. 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 8, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 08.03.2000 as against Rs.43.57 on 07.03.2000. 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.
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Mar 07, 2000RBI Reference Rate for US $March 7, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 07.03.2000 as against Rs.43.57 on 06.03.2000. 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 7, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 07.03.2000 as against Rs.43.57 on 06.03.2000. 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.
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Mar 06, 2000RBI Reference Rate for US $March 6, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 06.03.2000 as against Rs.43.58 on 03.03.2000. 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 6, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.57 on 06.03.2000 as against Rs.43.58 on 03.03.2000. 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.
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Mar 06, 2000Investment by NRIs/OCBs/PIOs in the shares of Indian CompaniesThe Reserve Bank of India on March 3, 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 the following companies up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme, as the companies have passed resolution at their General Body Meetings to this effect.1. Svam Software Ltd. 2. Rama PetrocheThe Reserve Bank of India on March 3, 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 the following companies up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme, as the companies have passed resolution at their General Body Meetings to this effect.1. Svam Software Ltd. 2. Rama Petroche
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Mar 03, 2000RBI Reference Rate for US $March 3, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 03.03.2000 as against Rs.43.58 on 02.03.2000. 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 3, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 03.03.2000 as against Rs.43.58 on 02.03.2000. 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.
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Mar 02, 2000RBI Reference Rate for US $March 2, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 02.03.2000 as against Rs.43.61 on 01.03.2000. 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 2, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.58 on 02.03.2000 as against Rs.43.61 on 01.03.2000. 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.
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Mar 01, 2000RBI Reference Rate for US $March 1, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 01.03.2000 as against Rs.43.61 on 29.02.2000. 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 1, 2000 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.43.61 on 01.03.2000 as against Rs.43.61 on 29.02.2000. 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.
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Mar 01, 2000Investment by Foreign Institutional InvestorsThe Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Himachal Futuristic Communications Ltd., up to 30 per cent of their paid up capital through primary and stock exchanges, as the company has passed a resolution at its Board and General Body Meeting to this effect.Alpana Killawala General ManagerPress Release : 1999-2000/1173Monitoring of Investments in CompaniesFII InvestmThe Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Himachal Futuristic Communications Ltd., up to 30 per cent of their paid up capital through primary and stock exchanges, as the company has passed a resolution at its Board and General Body Meeting to this effect.Alpana Killawala General ManagerPress Release : 1999-2000/1173Monitoring of Investments in CompaniesFII Investm
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