Press Releases - आरबीआय - Reserve Bank of India

February 5, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.47 on 05.02.1999 as against Rs.42.46 on 04.02.1999. 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 4, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.46 on 04.02.1999 as against Rs.42.48 on 03.02.1999. 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 3, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.48 on 03.02.1999 as against Rs.42.50 on 02.02.1999. 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 2, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 02.02.1999 as against Rs.42.50 on 01.02.1999. 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 India has advised that Non-Resident Indians/Overseas Corporate Bodies/Persons of Indian Origin can now purchase equity shares and convertible debentures of M/s. Matsushita Television & Audio India Ltd. and BPL Ltd. up to 24 per cent of their paid up capital instead of the earlier 10 per cent through stock exchanges under the Portfolio Investment Scheme (PIS). Both these companies have passed the resolution at their General Body Meetings to this ef

As a measure of further liberalisation, the general permission granted under the 'automatic route of RBI' for issue of shares in terms of Notification No.FERA. 180/98-RB dated January 13, 1998 has been extended to cover issue of shares upto 100% in respect of the activities, viz., 'construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, port and harbours', as added in Part 'D' of Annexure III list in terms of Ministry of Indu

February 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 01.02.1999 as against Rs.42.50 on 29.01.1999. 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, EURO and Yen against Rs.100 are : Date Currency per

January 29, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 29.01.1999 as against Rs.42.50 on 28.01.1999. 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, EURO and Yen against Rs.100 are : Date Currency per

January 28, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 28.01.1999 as against Rs.42.49 on 27.01.1999. 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, EURO and Yen against Rs.100 are : Date Currency per

January 27, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.49 on 27.01.1999 as against Rs.42.51 on 25.01.1999. 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, EURO and Yen against Rs.100 are : Date Currency per

January 25, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.51 on January 25, 1999 as against Rs.42.51 on January 22, 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 C

The Reserve Bank of India has advised that overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors (FIIs) has been reached in M/s. Pentafour Software Ltd. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of FIIs.The Reserve Bank has also advised that as per the resolution passed by the Board and in General Body meetings of M/s. NI

January 22, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.51 on 22.01.1999 as against Rs.42.51 on 21.01.1999. 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, EURO and Yen against Rs.100 are : Date Currency per

The Reserve Bank of India has notified on January 21, 1999 that the aggregate net purchases of equity shares of M/s. Satyam Computers Limited by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 28 per cent of its paid up capital. No further purchases of equity shares of M/s. Satyam Computers Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank. Alpana Killawala Gener

January 21, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.51 on January 21, 1999 as against Rs.42.50 on January 19, 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 C

January 19, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 19/01/1999 as against Rs.42.50 on 18/01/1999. 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, EURO and Yen against Rs.100 are : Date Currency per

January 18, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.50 on 18/01/1999 as against Rs.42.47 on 15/01/1999. 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, 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 04/01/991916415257279452459743511621205/01/9919355262820289393520555071641706/01/9921510580119113745499551573951991407/01/99235405270118833788518759922810808/01/992558553231285844067515248222339SALES 04/01/99229355167927438478753691671405/01/992117210151978538156557480229310

January 15, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.47 on 15.01.1999 as against Rs.42.52 on 14.01.1999. 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

January 14, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.52 on January 14, 1999 as against Rs.42.50 on January 13, 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 : Da