Press Releases - ਆਰਬੀਆਈ - Reserve Bank of India

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 08/05/20003251039 103210 474819122 551180 11 09/05/2000276874 11278 548889292 448166 21 10/05/200027329734 72016 1178740189 39390 9 11/05/20002086824 36589 1320763169 495247 70 12/05/20002777921 222610 1259950146 363125 19 15/05/20003338858 83015 920629126 444165 74 16/05/200

May 30, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.58 on 30.05.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN29 May 2000 44.450066.208341.276341.570030 May 2000 44.580066.747441.483941.7000Note : The reference rate is based on 12 noon rates of a few select banks in

May 29, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.45 on 29.05.2000.Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD 1 GBP1 EURO100 YEN26 May 200044.310065.412640.601341.2229 May 200044.450066.208341.276341.5700Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai.

May 26, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.31 on 26.05.2000.Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN 25 May 2000 44.290065.170540.013841.1226 May 2000 44.310065.412640.601341.2200Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 24/04/20005548436 2286424795151 148244 33 25/04/20003199875 332412341790132 310135 10 26/04/200031510589 375419561709101 446293 135 27/04/200033210655 21399726957159 430174 32 28/04/2000332108140 195528356615116 448138 49 02/05/20005541066 23371753777681 376556 185 03/05/2000

In the past four weeks or so, for reasons which are not entirely clear (and which may presumably be related to prevailing conditions in the international equity and currency markets), foreign exchange markets in India have shown considerable uncertainty and exaggerated speculation about RBI’s intentions regarding the level of the exchange rate of the rupee. In order to reduce these uncertainties, as in similar situations in the past, RBI has decided to introduce some

May 25, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.29 on 25.05.2000 as against Rs.44.08 on 24.05.2000. 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 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (Mi

May 24, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.08 on 24.05.2000 as against Rs.43.98 on 23.05.2000. 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 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (Mi

The Reserve Bank of India on May 23, 2000 has notified that no further purchases without the prior approval of the Reserve Bank should be made of equity shares of Padmini Polymers Ltd. And Nalco Chemicals India Ltd. on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs)/persons of Indian origin (PIOs). The Reserve Bank has stated that the aggregate net purchases of equity shares of these companies by NRIs/OCBs/PIOs in the secondary market has reache

May 23, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.98 on 23.05.2000 as against Rs.43.97 on 22.05.2000. 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 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (Mi