Press Releases - આરબીઆઈ - Reserve Bank of India
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Foreign Exchange Management Act Announcement
Press Releases
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જાન્યુ 04, 1999RBI Reference Rate for US $January 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 04.01.1999 as against Rs.42.47 on 01.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 04.01.1999 as against Rs.42.47 on 01.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency p
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જાન્યુ 01, 1999RBI Reference Rate for US $January 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.4700 on 1.1.1999 as against Rs.42.4800 on 31.12.1998. 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. Maureen Shankar Manager Press Release : 1998-99/871January 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.4700 on 1.1.1999 as against Rs.42.4800 on 31.12.1998. 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. Maureen Shankar Manager Press Release : 1998-99/871
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ડિસે 31, 1998India's Foreign Currency Assets increase to a record level at the end of December 1998According to the Weekly Statistical Supplement of the Reserve Bank of India, to be released on Saturday (January 2, 1999), India's total Foreign Currency Assets reached the level of US $ 26, 843 million on December 24, 1998. This is the last weekly data for the year ending today. The level of foreign currency assets on December 24, was the highest ever recorded. The peak level of foreign currency assets before the current year was reached on August 29, 1997. Foreign cAccording to the Weekly Statistical Supplement of the Reserve Bank of India, to be released on Saturday (January 2, 1999), India's total Foreign Currency Assets reached the level of US $ 26, 843 million on December 24, 1998. This is the last weekly data for the year ending today. The level of foreign currency assets on December 24, was the highest ever recorded. The peak level of foreign currency assets before the current year was reached on August 29, 1997. Foreign c
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ડિસે 31, 1998RBI Reference Rate for US $December 31, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 31.12.1998 as against Rs.42.54 on 30.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency perDecember 31, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 31.12.1998 as against Rs.42.54 on 30.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency per
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ડિસે 30, 1998RBI Reference Rate for US $December 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 30.12.1998 as against Rs.42.53 on 29.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency perDecember 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 30.12.1998 as against Rs.42.53 on 29.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency per
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ડિસે 30, 1998Banks' preparedness for switch to euroThe Reserve Bank of India had convened a meeting on December 29, 1998 of major Indian commercial banks to review and confirm the preparedness of the Indian banks for switching to euro. Deputy Governor (Dr. Y. V. Reddy) presided over the meeting. The representative from Foreign Exchange Dealers' Association of India (FEDAI) mentioned that it had initiated active follow-up action after the release of a comprehensive RBI Report on the subject, and issued detailed instrucThe Reserve Bank of India had convened a meeting on December 29, 1998 of major Indian commercial banks to review and confirm the preparedness of the Indian banks for switching to euro. Deputy Governor (Dr. Y. V. Reddy) presided over the meeting. The representative from Foreign Exchange Dealers' Association of India (FEDAI) mentioned that it had initiated active follow-up action after the release of a comprehensive RBI Report on the subject, and issued detailed instruc
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ડિસે 29, 1998RBI Reference Rate for US $December 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 29.12.1998 as against Rs.42.52 on 28.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency perDecember 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 29.12.1998 as against Rs.42.52 on 28.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency per
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ડિસે 29, 1998Reserve Bank of India - Foreign Exchange Data from 14/12/1998 to 18/12/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 14/12/199835780402244214636615232316813 15/12/199820432311473624144308640511227 16/12/199818334381175692684153240310618 17/12/199823346791379353853594847315920 18/12/1998224614747330402575343811266 SALES 14/12/1998370115191139214394846534933513 15/12/199823210617473153414577All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 14/12/199835780402244214636615232316813 15/12/199820432311473624144308640511227 16/12/199818334381175692684153240310618 17/12/199823346791379353853594847315920 18/12/1998224614747330402575343811266 SALES 14/12/1998370115191139214394846534933513 15/12/199823210617473153414577
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ડિસે 28, 1998RBI Reference Rate for US $December 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 28.12.1998 as against Rs.42.54 on 24.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency perDecember 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 28.12.1998 as against Rs.42.54 on 24.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency per
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ડિસે 24, 1998RBI Reference Rate for US $December 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 24.12.1998 as against Rs.42.55 on 23.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency perDecember 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 24.12.1998 as against Rs.42.55 on 23.12.1998. 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, DEM and Yen against Rs.100 are : Date Currency per
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