Press Releases - RBI - Reserve Bank of India

The Reserve Bank of India on January 5, 2000 has notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Infotech Enterprises 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.Rupambara Padhi ManagerPress Release : 1999-2000/871Monitoring of Investments in CompaniesFII InvestmentN

January 4, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.50 on 04.01.2000 as against Rs.43.48 on 03.01.2000. 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 R

January 3, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.48 on 3.01.2000 as against Rs.43.49 on 31.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 13/12/199942590 20 82523 64936774 43166 21 14/12/199935378 10 17408 47550150 325100 12 15/12/199928542 16 181512 46737246 296108 13 16/12/199924563 93 252322 54443060 48067 10 17/12/199926181 20 163730 55563377 42370 23 SALES 13/12/1999460101 9 8219 59238460 44965 15 14/12/19

December 31, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.49 on 31.12.1999 as against Rs.43.52 on 30.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 30, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.52 on 30.12.1999 as against Rs.43.53 on 29.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 29, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.53 on 29.12.1999 as against Rs.43.50 on 28.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 28, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.50 on 28.12.1999 as against Rs.43.50 on 27.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 27, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.50 on 27.12.1999 as against Rs.43.51 on 24.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 24, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.51 on 24.12.1999 as against Rs.43.52 on 23.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 06/12/199931180 15 214111 43253369 39278 19 07/12/1999217105 12 254325 46654377 45782 27 08/12/199919579 7 301312 46346290 39880 14 09/12/199933968 24 194033 45541870 43266 20 10/12/199947946 14 393614 43825866 409151 19 SALES 06/12/199935474 13 224415 36352582 42089 16 07/12

December 23, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.52 on 23.12.1999 as against Rs.43.50 on 22.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 22, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.50 on 22.12.1999 as against Rs.43.50 on 21.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 21, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.50 on 21.12.1999 as against Rs.43.49 on 20.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 20, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.49 on 20.12.1999 as against Rs.43.51 on 17.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per

December 17, 1999The Reserve Bank of India's Reference Rate for the US dollar is Rs. 43.51 on 17.12.1999 as against Rs.43.52 on 16.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are:DateCurrency per Rs.

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 29/11/1999439116 113 1037835 613851112 502243 105 30/11/1999285411 72 1514960 50972958 375282 34 01/12/1999257100 44 264028 57757085 401150 100 02/12/1999328152 6 222117 519843100 31481 12 03/12/199926886 44 15234 579698135 30294 14 SALES 29/11/1999381259 63 1018039 590802132

December 16, 1999The Reserve Bank of India's Reference Rate for the US dollar is Rs. 43.52 on 16.12.1999 as against Rs.43.54 on 15.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are:DateCurrency per Rs.

December 15, 1999The Reserve Bank of India's Reference Rate for the US dollar is Rs. 43.54 on 15.12.1999 as against Rs.43.54 on 14.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are:DateCurrency per Rs.

December 14, 1999The Reserve Bank of India's Reference Rate for the US dollar is Rs. 43.54 on 14.12.1999 as against Rs.43.48 on 13.12.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are:DateCurrency per Rs.