Press Releases - આરબીઆઈ - Reserve Bank of India

June 04, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.94 on 4.6.1999 as against Rs.42.93 on 3.6.1999. 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. 100

June 3, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.93 on 03.06.1999 as against Rs.42.94 on 02.06.1999. 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.

June 2, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.94 on 02.06.1999 as against Rs.42.87 on 01.06.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

The Reserve Bank of India on June 2, 1999 has notified that no further purchases of shares of Satyam Computer Services Ltd. should be made on behalf of Foreign Institutional Investors (FIIs) under the portfolio investment scheme without prior permission of the Reserve Bank. The Reserve Bank has stated that Satyam Computer Services Ltd. has reached the overall ceiling of 28 per cent of its paid up capital.Rupambara Padhi ManagerPress Release : 1998-99/1493 Monitoring o

All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 17/05/199928968 72 21 923851355844 3001302718/05/1999291101 96 13 433946067769 4552664719/05/1999335120 81 23 5538464638121 3792774120/05/199931769 69 78 5828501811109 3201742321/05/1999205104 43 12 631543360160 29817930 SALES 17/05/1999248120 17 14 413052953855 3221647318

June 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.87 on 01.06.1999 as against Rs.42.84 on 31.05.1999. 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.

May 31, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.84 on 31.05.1999 as against Rs.42.99 on 28.05.1999. 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.

May 28, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.99 on 28.05.1999 as against Rs.42.90 on 27.05.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

The Reserve Bank of India on May 27, 1999 has notified that Non-resident Indians (NRIs), Persons of Indian Origin (PIOs) and Overseas Corporate Bodies (OCBs) can now purchase equity shares and convertible debentures of M/s. Alembic Chemical Works Co. Ltd., up to 24 per cent of their paid up capital.M/s. Alembic Chemical Works Co. Ltd., has passed a resolution at its General Body Meeting agreeing for purchase of its equity shares up to 24 per cent of its paid up capita

May 27, 1999     The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.90 on 27.05.1999 as against Rs.42.81 on 26.05.1999. 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