Press Releases - આરબીઆઈ - Reserve Bank of India

The Reserve Bank of India on July 29, 1999 has notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Sonata Software 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.P.V. Sadanandan Asstt. ManagerPress Release : 1999-2000/143 Monitoring of Investments in Companies FII Investmen

The Reserve Bank of India on July 29, 1999 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 their paid up capital through stock exchanges under the portfolio investment scheme, as the companies have passed resolutions at their General Body Meetings to this effect.1. M/s. Sonata Software Ltd. 2. M/s

July 28, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.33 on 28.7.1999 as against Rs.43.29 on 27.7.1999. 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. 1

July 27, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.29 on 27.7.1999 as against Rs.43.28 on 26.7.1999. 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. 1

July 26, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.28 on 26.7.1999 as against Rs.43.26 on 23.7.1999. 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. 1

July 23, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.26 on 23.7.1999 as against Rs.43.26 on 22.7.1999. 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. 1

July 22, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.26 on 22.7.1999 as against Rs.43.26 on 21.7.1999. 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. 1

All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANKPosition FCY/INR FCY/FCYFCY/INRFCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 05/07/199931872 21 1373621659556 65 2941184306/07/199915973 37 1213113496701 111 3071532607/07/199922343 10 1343514364569 71 3311401408/07/199920173 11 1472330548801 68 3591302309/07/199918549 27 1653625377507 24 37812427 SALES 05/07/1999295130 23 343523677540 95 2951584406/07

July 21, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.26 on 21.7.1999 as against Rs.43.20 on 20.7.1999. 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. 1

July 20, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.20 on 20.7.1999 as against Rs.43.22 on 19.7.1999. 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. 1