Press Releases - આરબીઆઈ - Reserve Bank of India

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Pentafour Software & Exports Ltd. up to 30 per cent of their paid up capital instead of the earlier 24 per cent through stock exchanges under the Portfolio investment Scheme (PIS), as this company has passed the resolution at its General Body Meeting to this effect.Maureen Shankar ManagerPress Release : 1998-99/1103 Mo

February 24, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 on 24.02.1999 as against Rs.42.44 on 23.02.1999. 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

February 23, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.44 on 23.02.1999 as against Rs.42.40 on 22.02.1999. 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

February 22, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.40 on 22.02.1999 as against Rs.42.44 on 19.02.1999. 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 MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 08/02/19992585935231826399594774981532609/02/19992425522163186342490563561902710/02/199921951331634374236041004071295911/02/199919868312133262856921413421007812/02/199921454272535372914948948213924SALES 08/02/19992845224202738405560695101672609/02/199934568221534293155156843

February 19, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.44 on 19.02.1999 as against Rs.42.45 on 18.02.1999. 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

February 18, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.45 on 18.02.1999 as against Rs.42.49 on 17.02.1999. 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

The Reserve Bank of India has notified on February 18, 1999 that the aggregate net purchases of equity shares of M/s. Essel Packaging Ltd. by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 22 per cent of its paid up capital. No further purchases of equity shares of M/s.Essel Packaging Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank. Alpana Killawala General Ma

February 17, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 on17.02.1999 as against Rs.42.49 on 16.02.1999. 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

February 16, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 on16.02.1999 as against Rs.42.42 on 15.02.1999. 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