Press Releases - ஆர்பிஐ - Reserve Bank of India
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Foreign Exchange Management Act Announcement
Press Releases
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டிச. 23, 1998RBI Reference Rate for US $December 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 23.12.1998 as against Rs.42.53 on 22.12.1998. 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 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 23.12.1998 as against Rs.42.53 on 22.12.1998. 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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டிச. 22, 1998RBI Reference Rate for US $December 22, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 22.12.1998 as against Rs.42.55 on 21.12.1998. 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 22, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 22.12.1998 as against Rs.42.55 on 21.12.1998. 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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டிச. 22, 1998Reserve Bank of India - Foreign Exchange Data from 07/12/1998 to 11/12/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 07/12/199827249352441303875175936615317 08/12/199820935261720144254426935612410 09/12/1998242313112321428337013439010014 10/12/19982324319737273424403743912716 11/12/199819518191014161738010452637 SALES 07/12/19983384420337273525136736215017 08/12/199819284243201438241660370All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 07/12/199827249352441303875175936615317 08/12/199820935261720144254426935612410 09/12/1998242313112321428337013439010014 10/12/19982324319737273424403743912716 11/12/199819518191014161738010452637 SALES 07/12/19983384420337273525136736215017 08/12/199819284243201438241660370
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டிச. 21, 1998RBI Reference Rate for US $December 21, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 21.12.1998 as against Rs.42.54 on 18.12.1998. 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 21, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 21.12.1998 as against Rs.42.54 on 18.12.1998. 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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டிச. 18, 1998RBI Reference Rate for US $December 18, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 18.12.1998 as against Rs.42.55 on 17.12.1998. 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 18, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 18.12.1998 as against Rs.42.55 on 17.12.1998. 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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டிச. 17, 1998RBI Reference Rate for US $December 17, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 17.12.1998 as against Rs.42.55 on 16.12.1998. 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 17, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 17.12.1998 as against Rs.42.55 on 16.12.1998. 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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டிச. 16, 1998RBI Reference Rate for US $December 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 16.12.1998 as against Rs.42.57 on 15.12.1998. 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 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on 16.12.1998 as against Rs.42.57 on 15.12.1998. 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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டிச. 15, 1998RBI Reference Rate for US $December 15, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 15.12.1998 as against Rs.42.59 on 14.12.1998. 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 15, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 15.12.1998 as against Rs.42.59 on 14.12.1998. 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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டிச. 14, 1998RBI Reference Rate for US $December 14, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on 14.12.1998 as against Rs.42.59 on 11.12.1998. 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 14, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on 14.12.1998 as against Rs.42.59 on 11.12.1998. 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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டிச. 14, 1998Reserve Bank of India - Foreign Exchange Data from 30/11/1998 to 04/12/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 30/11/19982937711730465163458774313892801/12/19982173842492823451545117540934202/12/1998218423384221423700115460 1012803/12/19982264323 238465402513747931403304/12/1998207582714474340141528468 10733SALES 30/11/199832021675114450551612 103312922801/12/199824311818162522482493All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 30/11/19982937711730465163458774313892801/12/19982173842492823451545117540934202/12/1998218423384221423700115460 1012803/12/19982264323 238465402513747931403304/12/1998207582714474340141528468 10733SALES 30/11/199832021675114450551612 103312922801/12/199824311818162522482493
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டிச. 11, 1998RBI Reference Rate for US $December 11, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on December 11, 1998 as against Rs.42.58 on December 10, 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 : DateDecember 11, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on December 11, 1998 as against Rs.42.58 on December 10, 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
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டிச. 10, 1998RBI Reference Rate for US $December 10, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 10.12.1998 as against Rs.42.58 on 9.12.1998. 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 RDecember 10, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 10.12.1998 as against Rs.42.58 on 9.12.1998. 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 R
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டிச. 09, 1998RBI Reference Rate for US $December 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 9.12.1998 as against Rs.42.59 on December 8,1998. 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 pDecember 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 9.12.1998 as against Rs.42.59 on December 8,1998. 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 p
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டிச. 08, 1998RBI Reference Rate for US $December 8, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on 8.12.1998 as against Rs.42.57 on 7.12.1998. 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 Rs.December 8, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.59 on 8.12.1998 as against Rs.42.57 on 7.12.1998. 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 Rs.
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டிச. 07, 1998RBI Reference Rate for US $December 7, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 7.12.1998 as against Rs.42.54 on 4.12.1998. 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 Rs.December 7, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 7.12.1998 as against Rs.42.54 on 4.12.1998. 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 Rs.
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டிச. 07, 1998Reserve Bank of India - Foreign Exchange Data from 23/11/1998 to 27/11/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 23/11/19983047153223439375625844811082824/11/199820430442956482494801115151798825/11/1998169275311302827742167459 1292926/11/199824074151 1921226324931173861971627/11/1998260659717193557669595339 24120SALES 23/11/199825817033163442363585 914911132724/11/199815314913285711922All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 23/11/19983047153223439375625844811082824/11/199820430442956482494801115151798825/11/1998169275311302827742167459 1292926/11/199824074151 1921226324931173861971627/11/1998260659717193557669595339 24120SALES 23/11/199825817033163442363585 914911132724/11/199815314913285711922
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டிச. 04, 1998RBI Reference Rate for US $December 4, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 4.12.1998 as against Rs.42.55 on 3.12.1998. 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 Rs.December 4, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 4.12.1998 as against Rs.42.55 on 3.12.1998. 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 Rs.
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டிச. 03, 1998RBI Reference Rate for US $December 3, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on December 3, 1998 as against Rs.42.57 on December 2, 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 CuDecember 3, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.55 on December 3, 1998 as against Rs.42.57 on December 2, 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 Cu
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டிச. 02, 1998RBI Reference Rate for US $December 2, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 2.12.1998 as against Rs.42.58 on 1.12.1998. 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 Rs.December 2, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.57 on 2.12.1998 as against Rs.42.58 on 1.12.1998. 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 Rs.
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டிச. 02, 1998Permission for NRIs/OCBs for issue of shares under 51 per cent SchemeThe Reserve Bank of India has introduced a 51 per cent Scheme for issue of shares to Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) in unlisted companies, engaged in manufacturing activity, other than activities listed in Annexure III to the statement of the Industrial Policy 1991. Also general permission for the Scheme has been granted vide Notification No. FERA 190/98-RB dated December 2, 1998 for the said Scheme enabling such companies to issue and exThe Reserve Bank of India has introduced a 51 per cent Scheme for issue of shares to Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) in unlisted companies, engaged in manufacturing activity, other than activities listed in Annexure III to the statement of the Industrial Policy 1991. Also general permission for the Scheme has been granted vide Notification No. FERA 190/98-RB dated December 2, 1998 for the said Scheme enabling such companies to issue and ex
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டிச. 01, 1998Reserve Bank of India - Foreign Exchange Data from 16/11/1998 to 20/11/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 16/11/19982344121256429395455446831411617/11/19981944955184938505580975881631918/11/19981914431101921423656131597 501919/11/19981934412 75954542617886151435720/11/1998202403415423039355573460 7477SALES 16/11/19982697418196230328440 606761341517/11/199819593331147 38434638106All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 16/11/19982344121256429395455446831411617/11/19981944955184938505580975881631918/11/19981914431101921423656131597 501919/11/19981934412 75954542617886151435720/11/1998202403415423039355573460 7477SALES 16/11/19982697418196230328440 606761341517/11/199819593331147 38434638106
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டிச. 01, 1998RBI Reference Rate for US $December 1, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 1.12.1998 as against Rs.42.63 on 30.11.1998. 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 RsDecember 1, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.58 on 1.12.1998 as against Rs.42.63 on 30.11.1998. 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 Rs
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நவ. 30, 1998RBI Reference Rate for US $November 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.63 on 30.11.1998 as against Rs.42.52 on 27.11.1998. 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 perNovember 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.63 on 30.11.1998 as against Rs.42.52 on 27.11.1998. 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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நவ. 27, 1998RBI Reference Rate for US $November 27, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 27.11.1998 as against Rs.42.48 on 26.11.1998. 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 perNovember 27, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 27.11.1998 as against Rs.42.48 on 26.11.1998. 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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நவ. 26, 1998RBI Reference Rate for US $November 26, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 26.11.1998 as against Rs.42.42 on 25.11.1998. 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 perNovember 26, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 26.11.1998 as against Rs.42.42 on 25.11.1998. 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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நவ. 25, 1998RBI Reference Rate for US $November 25, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.42 on 25.11.1998 as against Rs.42.43 on 24.11.1998. 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 RNovember 25, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.42 on 25.11.1998 as against Rs.42.43 on 24.11.1998. 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 R
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நவ. 24, 1998RBI Reference Rate for US $November 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.43 on 24.11.1998 as against Rs.42.38 on 23.11.1998. 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 RNovember 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.43 on 24.11.1998 as against Rs.42.38 on 23.11.1998. 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 R
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நவ. 23, 1998RBI Reference Rate for US $November 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.38 on 23.11.1998 as against Rs.42.40 on 20.11.1998. 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 perNovember 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.38 on 23.11.1998 as against Rs.42.40 on 20.11.1998. 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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நவ. 23, 1998Reserve Bank of India - Foreign Exchange Data from 09/11/1998 to 13/11/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 09/11/199822569362883774265001377361726810/11/19982155052 91811514055575011221235211/11/19982055454 96497300319537601422512/11/19981708941248087555526736911411013/11/199824643252841544763714388910026SALES 09/11/199826392311577714134161167261743010/11/199821196187176112391475All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 09/11/199822569362883774265001377361726810/11/19982155052 91811514055575011221235211/11/19982055454 96497300319537601422512/11/19981708941248087555526736911411013/11/199824643252841544763714388910026SALES 09/11/199826392311577714134161167261743010/11/199821196187176112391475
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நவ. 20, 1998RBI Reference Rate for US $November 20, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.40 on 20.11.1998 as against Rs.42.47 on 19.11.1998. 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 perNovember 20, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.40 on 20.11.1998 as against Rs.42.47 on 19.11.1998. 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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நவ. 19, 1998RBI Reference Rate for US $November 19, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 19.11.1998 as against Rs.42.44 on 18.11.1998. 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 perNovember 19, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 19.11.1998 as against Rs.42.44 on 18.11.1998. 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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நவ. 18, 1998RBI Reference Rate for US $November 18, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 18.11.1998 as against Rs.42.37 on 17.11.1998. 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 perNovember 18, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 18.11.1998 as against Rs.42.37 on 17.11.1998. 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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நவ. 17, 1998RBI Reference Rate for US $November 17, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.37 on 17.11.98 as against Rs.42.33 on 16.11.98 day. 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 perNovember 17, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.37 on 17.11.98 as against Rs.42.33 on 16.11.98 day. 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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நவ. 16, 1998RBI Reference Rate for US $November 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 16.11.1998 as against Rs.42.32 on 13.11.998. 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 RNovember 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 16.11.1998 as against Rs.42.32 on 13.11.998. 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 R
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நவ. 16, 1998Reserve Bank of India - Foreign Exchange Data from 02/11/1998 to 06/11/1998All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 02/11/1998 258 69 71 24 43 93 394 705 154 562 303 52 03/11/1998 216 67 33 11 154 141 394 551 127 649 231 41 05/11/1998 275 65 26 33 109 65 481 525 46 754 163 50 06/11/1998 257 53 29 9 25 69 415 477 62 479 206 16 SALES 02/11/1998 251 109 38 18 45 53 386 711 123All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 02/11/1998 258 69 71 24 43 93 394 705 154 562 303 52 03/11/1998 216 67 33 11 154 141 394 551 127 649 231 41 05/11/1998 275 65 26 33 109 65 481 525 46 754 163 50 06/11/1998 257 53 29 9 25 69 415 477 62 479 206 16 SALES 02/11/1998 251 109 38 18 45 53 386 711 123
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நவ. 13, 1998RBI Reference Rate for US $November 13, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.32 on 13.11.1998 as against Rs.42.33 on 12.11.998. 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 RNovember 13, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.32 on 13.11.1998 as against Rs.42.33 on 12.11.998. 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 R
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நவ. 12, 1998RBI Reference Rate for US $November 12, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 12.11.1998 as against Rs.42.28 on 11.11.998. 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 RNovember 12, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 12.11.1998 as against Rs.42.28 on 11.11.998. 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 R
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நவ. 12, 1998Foreign Direct Investment : Reporting of Inflow Details to RBI OfficesIn a major drive to simplify the procedures for foreign direct investment, the Reserve bank of India had already granted general permission to Indian companies under the Foreign Exchange Regulation Act, dispensing with the need for prior approval from the Reserve Bank either for receipt of funds or for issue of shares under automatic route of the Reserve Bank/Government (Secretariat for Industrial Approval (SIA)/Foreign Investment Promotion Board (FIPB)) route. Thus,In a major drive to simplify the procedures for foreign direct investment, the Reserve bank of India had already granted general permission to Indian companies under the Foreign Exchange Regulation Act, dispensing with the need for prior approval from the Reserve Bank either for receipt of funds or for issue of shares under automatic route of the Reserve Bank/Government (Secretariat for Industrial Approval (SIA)/Foreign Investment Promotion Board (FIPB)) route. Thus,
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நவ. 11, 1998RBI Reference Rate for US $November 11, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.28 on 11.11.1998 as against Rs.42.29 on 10.11.998. 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 RNovember 11, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.28 on 11.11.1998 as against Rs.42.29 on 10.11.998. 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 R
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நவ. 10, 1998RBI Reference Rate for US $November 10, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.29 on 10.11.1998 as against Rs.42.27 on 9.11.1998. 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 RNovember 10, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.29 on 10.11.1998 as against Rs.42.27 on 9.11.1998. 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 R
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நவ. 09, 1998Reserve Bank of India - Foreign Exchange Data from 26/10/1998 to 30/10/1998All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 26/10/1998 265 99 71 24 96 67 414 587 103 674 230 49 27/10/1998 208 102 81 24 111 97 386 589 87 629 210 33 28/10/1998 261 99 164 11 63 42 547 850 94 759 227 49 29/10/1998 195 50 68 10 106 53 457 529 76 692 218 20 30/10/1998 222 73 106 19 50 47 726 878 38 507 2All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 26/10/1998 265 99 71 24 96 67 414 587 103 674 230 49 27/10/1998 208 102 81 24 111 97 386 589 87 629 210 33 28/10/1998 261 99 164 11 63 42 547 850 94 759 227 49 29/10/1998 195 50 68 10 106 53 457 529 76 692 218 20 30/10/1998 222 73 106 19 50 47 726 878 38 507 2
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நவ. 09, 1998RBI Reference Rate for US $November 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.27 on 9.11.1998 as against Rs.42.33 on 6.11.1998. 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 Rs.November 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.27 on 9.11.1998 as against Rs.42.33 on 6.11.1998. 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 Rs.
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நவ. 06, 1998RBI Reference Rate for US $November 6, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 6.11.1998 as against Rs.42.35 on 5.11.1998. 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 Rs.November 6, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.33 on 6.11.1998 as against Rs.42.35 on 5.11.1998. 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 Rs.
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நவ. 05, 1998RBI Reference Rate for US $November 5, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.35 on 5.11.1998 as against Rs.42.29 on 3.11.1998. 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 Rs.November 5, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.35 on 5.11.1998 as against Rs.42.29 on 3.11.1998. 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 Rs.
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நவ. 03, 1998RBI Reference Rate for US $November 3, 1998 The Reserve Bank of Indias Reference Rate for the US Dollar is Rs.42.2900 on 03/11/98 as against Rs.42.3000 on 02/11/98. 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 RBI Reference rate for the US Dollar and the middle rates of the cross-currency quotes at 12 noon, the exchange rates of the US Dollar, Pound Sterling, DEM, and Yen against Rs.100 are given below CurNovember 3, 1998 The Reserve Bank of Indias Reference Rate for the US Dollar is Rs.42.2900 on 03/11/98 as against Rs.42.3000 on 02/11/98. 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 RBI Reference rate for the US Dollar and the middle rates of the cross-currency quotes at 12 noon, the exchange rates of the US Dollar, Pound Sterling, DEM, and Yen against Rs.100 are given below Cur
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நவ. 02, 1998Foreign Institutional Investors ListLIST "A" Companies in which overall ceiling has reached and no further purchases are allowed : Companies falling under 24 per cent : NIIT Software Solutions Ltd. Companies falling under 30 per cent: HDFC LIST "B" Companies where 28 per cent limit has been reached and further purchases are allowed with prior approval of RBI : None Companies where 22 per cent limit has been reached and further purchases will be allowed with prior approval of RBI : None Public sector banLIST "A" Companies in which overall ceiling has reached and no further purchases are allowed : Companies falling under 24 per cent : NIIT Software Solutions Ltd. Companies falling under 30 per cent: HDFC LIST "B" Companies where 28 per cent limit has been reached and further purchases are allowed with prior approval of RBI : None Companies where 22 per cent limit has been reached and further purchases will be allowed with prior approval of RBI : None Public sector ban
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நவ. 02, 1998Investment by NRIs/OCBs/PIO - Monitoring of overall ceiling under PISThe Reserve Bank of India has advised that no further purchases of shares of M/s. Bharti Telecom Ltd. and Madras Aluminium Co. Ltd. should be made on behalf of non-resident Indians/overseas corporate bodies/Persons of Indian Origin. The overall ceiling of 10 per cent of paid up equity capital permitted to be held by NRIs/OCBs/PIO under the Portfolio Investment Scheme has already been reached in the case of these companies. Alpana killawala General Manager Press ReleasThe Reserve Bank of India has advised that no further purchases of shares of M/s. Bharti Telecom Ltd. and Madras Aluminium Co. Ltd. should be made on behalf of non-resident Indians/overseas corporate bodies/Persons of Indian Origin. The overall ceiling of 10 per cent of paid up equity capital permitted to be held by NRIs/OCBs/PIO under the Portfolio Investment Scheme has already been reached in the case of these companies. Alpana killawala General Manager Press Releas
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நவ. 02, 1998RBI Reference Rate for US $November 2, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.30 on 2.11.1998 as against Rs.42.37 on 30.10.1998. 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 RsNovember 2, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.30 on 2.11.1998 as against Rs.42.37 on 30.10.1998. 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 Rs
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நவ. 02, 1998Reserve Bank of India - Foreign Exchange Data from 20/10/1998 to 23/10/1998All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 20/10/1998 266 61 32 35 127 130 324 489 101 765 226 51 23/10/1998 270 79 59 65 206 99 546 791 90 913 359 85 SALES 20/10/1998 315 86 13 30 126 149 277 407 107 801 238 48 23/10/1998 293 86 27 41 175 104 487 744 85 899 366 72All Figures are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 20/10/1998 266 61 32 35 127 130 324 489 101 765 226 51 23/10/1998 270 79 59 65 206 99 546 791 90 913 359 85 SALES 20/10/1998 315 86 13 30 126 149 277 407 107 801 238 48 23/10/1998 293 86 27 41 175 104 487 744 85 899 366 72
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அக். 31, 1998RBI sets up a Working Group of Bankers to improve delivery systems and simplify procedure for provision of credit and other facilities to exportersThe Reserve Bank of India today announced the decision to set up a Working Group under the chairmanship of Shri V.Subrahmanyam, currently Executive Director, Reserve Bank of India in order to improve the procedures for credit delivery, to review facilities available to exporters and suggest improvements. The other members of the Group are: Sr.No. Name Designation Name of Bank 1. Shri H.Lal Chief General Manager State Bank of India 2. Shri A.K.S.Rao General Manager CanThe Reserve Bank of India today announced the decision to set up a Working Group under the chairmanship of Shri V.Subrahmanyam, currently Executive Director, Reserve Bank of India in order to improve the procedures for credit delivery, to review facilities available to exporters and suggest improvements. The other members of the Group are: Sr.No. Name Designation Name of Bank 1. Shri H.Lal Chief General Manager State Bank of India 2. Shri A.K.S.Rao General Manager Can
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அக். 30, 1998RBI Reference Rate for US $October 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.37 on 30.10.1998 as against Rs.42.29 on 29.10.1998. 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 CurrencyOctober 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.37 on 30.10.1998 as against Rs.42.29 on 29.10.1998. 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
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அக். 29, 1998RBI Reference Rate for US $October 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 29.10.1998 as against Rs.42.27 on 28.10.1998. 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 CurrencyOctober 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 29.10.1998 as against Rs.42.27 on 28.10.1998. 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
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அக். 28, 1998RBI Reference Rate for US $October 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.27 on 28.10.1998 as against Rs.42.26 on 27.10.1998. 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 CurrencyOctober 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.27 on 28.10.1998 as against Rs.42.26 on 27.10.1998. 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
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அக். 27, 1998RBI Reference Rate for US $October 27, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.26 on 27.10.1998 as against Rs.42.27 on 26.10.1998. 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 CurrencyOctober 27, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.26 on 27.10.1998 as against Rs.42.27 on 26.10.1998. 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
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அக். 26, 1998RBI Reference Rate for US $October 26, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.27 on 26.10.1998 as against Rs.42.29 on 23.10.1998. 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 CurrencyOctober 26, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.27 on 26.10.1998 as against Rs.42.29 on 23.10.1998. 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
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அக். 26, 1998RESERVE BANK OF INDIA - FOREIGN EXCHANGE DATA FROM 12/10/1998 To 16/10/1998All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 12/10/1998 201 78 21 37 167 86 342 298 38 1009 258 20 13/10/1998 145 72 28 84 143 78 347 515 61 1018 261 32 14/10/1998 217 51 31 106 76 132 379 437 81 1051 292 19 15/10/1998 230 81 139 88 145 116 470 671 125 1147 196 25 16/10/1998 222 64 53 52 208 97 383 588 1All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 12/10/1998 201 78 21 37 167 86 342 298 38 1009 258 20 13/10/1998 145 72 28 84 143 78 347 515 61 1018 261 32 14/10/1998 217 51 31 106 76 132 379 437 81 1051 292 19 15/10/1998 230 81 139 88 145 116 470 671 125 1147 196 25 16/10/1998 222 64 53 52 208 97 383 588 1
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அக். 23, 1998RBI Reference Rate for US $October 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 23.10.1998 as against Rs.42.30 on 20.10.1998. 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 CurrencyOctober 23, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 23.10.1998 as against Rs.42.30 on 20.10.1998. 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
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அக். 20, 1998RBI Reference Rate for US $October 20, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.30 on 20.10.1998 as against Rs.42.30 on 16.10.1998. 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 CurrencyOctober 20, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.30 on 20.10.1998 as against Rs.42.30 on 16.10.1998. 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
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அக். 20, 1998RESERVE BANK OF INDIA - FOREIGN EXCHANGE DATA FROM 28/09/1998 To 09/10/1998All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 28/09/1998 340 71 80 176 109 193 371 629 128 1193 281 52 29/09/1998 179 66 96 234 86 221 317 480 125 1063 226 50 05/10/1998 357 51 61 34 149 50 811 651 80 985 283 107 06/10/1998 295 65 29 102 94 109 564 741 73 1081 154 86 07/10/1998 257 61 32 190 100 243 946 8All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 28/09/1998 340 71 80 176 109 193 371 629 128 1193 281 52 29/09/1998 179 66 96 234 86 221 317 480 125 1063 226 50 05/10/1998 357 51 61 34 149 50 811 651 80 985 283 107 06/10/1998 295 65 29 102 94 109 564 741 73 1081 154 86 07/10/1998 257 61 32 190 100 243 946 8
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அக். 16, 1998RBI Reference Rate for US $October 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.30 on 16.10.1998 as against Rs.42.29 on 15.10.1998. 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 CurrencyOctober 16, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.30 on 16.10.1998 as against Rs.42.29 on 15.10.1998. 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
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அக். 15, 1998RBI Reference Rate for US $October 15, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 15.10.1998 as against Rs.42.34 on the 14.10.1998. 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 CurrOctober 15, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.29 on 15.10.1998 as against Rs.42.34 on the 14.10.1998. 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 Curr
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அக். 14, 1998RBI Reference Rate for US $October 14, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.34 on 14.10.1998 as against Rs.42.35 on 13.10.1998. 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 CurrencyOctober 14, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.34 on 14.10.1998 as against Rs.42.35 on 13.10.1998. 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
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அக். 13, 1998RBI Reference Rate for US $October 13, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.35 on 13.10.1998 as against Rs.42.36 on 12.10.1998. 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 CurrencyOctober 13, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.35 on 13.10.1998 as against Rs.42.36 on 12.10.1998. 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
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அக். 12, 1998RBI Reference Rate for US $October 12, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.36 on 12.10.1998 as against Rs.42.36 on 9.10.1998. 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 CurrencyOctober 12, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.36 on 12.10.1998 as against Rs.42.36 on 9.10.1998. 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
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அக். 09, 1998RBI Reference Rate for US $October 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.36 as against Rs.42.37 on the last working day. 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 perOctober 9, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.36 as against Rs.42.37 on the last working day. 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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அக். 08, 1998RBI Reference Rate for US $October 8, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.37 as against Rs.42.45 on the last working day. 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 perOctober 8, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.37 as against Rs.42.45 on the last working day. 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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அக். 07, 1998RBI Decaution on Rajasthan SpinningThe Reserve Bank of India has notified that the Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/Persons of Indian Origins (PIOs) holdings in M/s. Rajasthan Spinning and Weaving Mills Ltd. have gone below 8 per cent of its paid up capital. The restriction placed on the purchase of shares of this company on behalf of NRIs/OCBs/PIOs therefore, has been withdrawn.The Reserve Bank of India has notified that the Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/Persons of Indian Origins (PIOs) holdings in M/s. Rajasthan Spinning and Weaving Mills Ltd. have gone below 8 per cent of its paid up capital. The restriction placed on the purchase of shares of this company on behalf of NRIs/OCBs/PIOs therefore, has been withdrawn.
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அக். 07, 1998RBI Reference Rate for US $October 7, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.45 as against Rs.42.40 on the last working day. 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 perOctober 7, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.45 as against Rs.42.40 on the last working day. 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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அக். 06, 1998RESERVE BANK OF INDIA - FOREIGN EXCHANGE DATA FROM 21/09/1998 To 25/09/1998All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 21/09/1998 206 52 63 46 38 67 261 535 81 1203 229 27 22/09/1998 222 52 78 44 36 75 337 521 66 1102 189 37 23/09/1998 197 93 115 58 133 65 494 914 139 815 278 43 24/09/1998 182 49 74 59 101 93 370 657 90 1204 386 19 25/09/1998 224 90 193 70 97 91 529 673 75 165All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY Date SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP FORWARD 21/09/1998 206 52 63 46 38 67 261 535 81 1203 229 27 22/09/1998 222 52 78 44 36 75 337 521 66 1102 189 37 23/09/1998 197 93 115 58 133 65 494 914 139 815 278 43 24/09/1998 182 49 74 59 101 93 370 657 90 1204 386 19 25/09/1998 224 90 193 70 97 91 529 673 75 165
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அக். 06, 1998RBI Reference Rate for US $October 6, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.40 as against Rs.42.44 on the last working day. 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 perOctober 6, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.40 as against Rs.42.44 on the last working day. 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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அக். 05, 1998RBI Reference Rate for US $October 5, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.44 as against Rs.42.49 on the last working day. 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 perOctober 5, 1998 The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.44 as against Rs.42.49 on the last working day. 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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அக். 03, 1998Indian Companies seeking NRI/OCB Investments - RBI simplifies procedureIn order to further simplify the procedure for investments from non-resident Indians/Overseas Corporate Bodies (NRI/OCB) in Indian companies the Reserve Bank of India (RBI) has decided to grant general permission under the Foreign Exchange Regulation Act (FERA) 1973, in respect of 24%/40% Scheme. It will no longer be necessary for the Indian companies to approach the Reserve Bank of India for permission to receive remittances from NRIs/OCBs and issue shares thereagainIn order to further simplify the procedure for investments from non-resident Indians/Overseas Corporate Bodies (NRI/OCB) in Indian companies the Reserve Bank of India (RBI) has decided to grant general permission under the Foreign Exchange Regulation Act (FERA) 1973, in respect of 24%/40% Scheme. It will no longer be necessary for the Indian companies to approach the Reserve Bank of India for permission to receive remittances from NRIs/OCBs and issue shares thereagain
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செப். 29, 1998RESERVE BANK OF INDIA - FOREIGN EXCHANGE DATA FROM 14/09/1998 To 18/09/1998All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP 14/09/1998 274 57 48 38 111 76 491 597 63 750 237 15/09/1998 161 53 55 57 182 72 255 394 50 1002 192 16/09/1998 158 72 31 115 121 110 338 691 36 1069 224 17/09/1998 178 57 65 74 192 101 460 543 76 1225 287 18/09/1998 220 52 78 48 124 107 336 555 96 1029 181 SALES 14/0All Figures Are in USD Millions PURCHASES MERCHANT INTER BANK Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY SPOT FORWARD FORWARD CANCELLATION SPOT FORWARD FORWARD CANCELLATION SPOT SWAP FORWARD SPOT SWAP 14/09/1998 274 57 48 38 111 76 491 597 63 750 237 15/09/1998 161 53 55 57 182 72 255 394 50 1002 192 16/09/1998 158 72 31 115 121 110 338 691 36 1069 224 17/09/1998 178 57 65 74 192 101 460 543 76 1225 287 18/09/1998 220 52 78 48 124 107 336 555 96 1029 181 SALES 14/0
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செப். 29, 1998BIS Triennial Central Bank Surveys on ForexThe Bank for International Settlements, Basle, Switzerland conducts triennial central bank surveys of foreign exchange and derivatives market activity. India participated in the survey for 1998, for which information was collected int the month of April 1998 from 20 major banks contributing to about 75 per cent of the total forex turnover. The findings of the survey are enclosed. Central Bank Survey of Foreign Exchange and Derivatives Market Activity Foreign ExchangeThe Bank for International Settlements, Basle, Switzerland conducts triennial central bank surveys of foreign exchange and derivatives market activity. India participated in the survey for 1998, for which information was collected int the month of April 1998 from 20 major banks contributing to about 75 per cent of the total forex turnover. The findings of the survey are enclosed. Central Bank Survey of Foreign Exchange and Derivatives Market Activity Foreign Exchange
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செப். 29, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.49 as against Rs.42.53 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.49 as against Rs.42.53 on the last working day. 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 Rs. 100 (Middle
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செப். 25, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.51 as against Rs.42.53 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.51 as against Rs.42.53 on the last working day. 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 Rs. 100 (Middle
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செப். 24, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.53 as against Rs.42.54 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.53 as against Rs.42.54 on the last working day. 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 Rs. 100 (Middle
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செப். 23, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.54 as against Rs.42.51 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.54 as against Rs.42.51 on the last working day. 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 Rs. 100 (Middle
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செப். 22, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.51 as against Rs.42.52 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.51 as against Rs.42.52 on the last working day. 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 Rs. 100 (Middle
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செப். 21, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.52 as against Rs.42.53 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.52 as against Rs.42.53 on the last working day. 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 Rs. 100 (Middle
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செப். 18, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs. 42.53 as against Rs. 42.47 on the last working day. 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 Rs.100 (MiddlThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs. 42.53 as against Rs. 42.47 on the last working day. 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 Rs.100 (Middl
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செப். 18, 1998RBI Reference Rate for US $The Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.53 as against Rs.42.47 on the last working day. 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 Rs. 100 (MiddleThe Reserve Bank of Indias Reference Rate for the US dollar today is Rs.42.53 as against Rs.42.47 on the last working day. 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 Rs. 100 (Middle
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ஆக. 06, 1998Interest Rates on Export Credit and Export Credit RefinanceThe Reserve Bank of India has today reduced its export credit refinance rate by two percentage points. The refinance rate will now be 7 per cent (two percentage points below the Bank Rate) as against the previous 9 per cent. The revised rate will be effective today and valid up to March 31, 1999. The new rates of interest will be applicable up to March 31, 1999 after which status quo ante will be restored automatically, unless otherwise notified. (Alpana Killawala) GeThe Reserve Bank of India has today reduced its export credit refinance rate by two percentage points. The refinance rate will now be 7 per cent (two percentage points below the Bank Rate) as against the previous 9 per cent. The revised rate will be effective today and valid up to March 31, 1999. The new rates of interest will be applicable up to March 31, 1999 after which status quo ante will be restored automatically, unless otherwise notified. (Alpana Killawala) Ge
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ஜூலை 24, 1998Investment Limits by NRIs/PIOs/OCBs in Indian Companies through Secondary Markets enhanced, excluded from Portfolio Investments Limits for FIIsThe Reserve Bank of India has modified NRIs/PIOs/OCBs investment ceilling for puchase of shares in a company through stock exchanges under the Portfolio Investment Scheme. Now, the investment limit by a single Non-resident Indian (NRI)/Person of Indian Origin (PIO)/Overseas Corporate Body owned by such persons to the extent of atleast 60 per cent (OCB) in a company has been enhanced from the existing level of 1 per cent to 5 per cent of the paid up equity capital of tThe Reserve Bank of India has modified NRIs/PIOs/OCBs investment ceilling for puchase of shares in a company through stock exchanges under the Portfolio Investment Scheme. Now, the investment limit by a single Non-resident Indian (NRI)/Person of Indian Origin (PIO)/Overseas Corporate Body owned by such persons to the extent of atleast 60 per cent (OCB) in a company has been enhanced from the existing level of 1 per cent to 5 per cent of the paid up equity capital of t
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ஜூலை 18, 1998RBI decentralises grant of automatic approvalOn June 11, 1998, the Reserve Bank of India had announced its intention to introduce a temporary new scheme of concessional interest rate on "incremental" exports. Under the scheme, the interest rate to be charged by banks on "incremental" exports (over the base year level of exports in 1997-98) was proposed to be fixed at 6.5 per cent for pre-shipment and post-shipment credit. This scheme was in addition to the scheme of providing credit in foreign currency at LIBOROn June 11, 1998, the Reserve Bank of India had announced its intention to introduce a temporary new scheme of concessional interest rate on "incremental" exports. Under the scheme, the interest rate to be charged by banks on "incremental" exports (over the base year level of exports in 1997-98) was proposed to be fixed at 6.5 per cent for pre-shipment and post-shipment credit. This scheme was in addition to the scheme of providing credit in foreign currency at LIBOR
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ஜூலை 14, 1998Foreign Exchange Data from 29/06/98 to 03/07/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 29/06/98 288 84 171 26 42 48 816 1341 100 699 182 30 30/06/98 197 74 48 18 31 31 507 974 189 560 145 30 01/07/98 216 85 69 16 38 28 664 1663 144 761 168 31 02/07/98 186 85 56 21 26 32 887 1271 157 826 147 33 03/07/98 166 53 15 16 18 28 470 1168 154 519 124 11 SPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 29/06/98 288 84 171 26 42 48 816 1341 100 699 182 30 30/06/98 197 74 48 18 31 31 507 974 189 560 145 30 01/07/98 216 85 69 16 38 28 664 1663 144 761 168 31 02/07/98 186 85 56 21 26 32 887 1271 157 826 147 33 03/07/98 166 53 15 16 18 28 470 1168 154 519 124 11 S
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ஜூலை 08, 1998Investment by FIIs - Purchase of equity shares up to 30% of paid up capitalEquity shares and convertible debentures of Zee Telefilms Ltd. can now be purchased up to 30 per cent of its total paid up equity capital and each series of convertible debentures through primary market and stock exchanges subject to certain conditions. The company has passed a resolution at its board and general body meetings agreeing for the purchase of its equity shares and convertible debentures by foreign institutional investors up to 30 per cent of its issued anEquity shares and convertible debentures of Zee Telefilms Ltd. can now be purchased up to 30 per cent of its total paid up equity capital and each series of convertible debentures through primary market and stock exchanges subject to certain conditions. The company has passed a resolution at its board and general body meetings agreeing for the purchase of its equity shares and convertible debentures by foreign institutional investors up to 30 per cent of its issued an
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ஜூலை 02, 1998Recent changes in the investment by NRIs/OCBs/FIIs under Portfolio Investment SchemeThe Reserve Bank of India has revised the lists of companies in which the trigger limits/overall ceiling limits for investment by Non-resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/ Persons of Indian Origin (PIOs) and Foreign Institutional Inves tors(FIIs), respectively, have reached. It may be recalled that as a measure of further liberalisation, the Government of India, Ministry of Finance had, on June 22, 1998, announced that the individual and aggregateThe Reserve Bank of India has revised the lists of companies in which the trigger limits/overall ceiling limits for investment by Non-resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/ Persons of Indian Origin (PIOs) and Foreign Institutional Inves tors(FIIs), respectively, have reached. It may be recalled that as a measure of further liberalisation, the Government of India, Ministry of Finance had, on June 22, 1998, announced that the individual and aggregate
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ஜூன் 30, 1998Foreign Exchange Data from 08/06/98 to 12/06/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/06/98 212 33 43 9 24 101 806 1473 164 329 173 22 09/06/98 197 53 72 7 9 38 765 1759 130 425 89 16 10/06/98 178 62 50 17 21 16 1163 1712 135 628 94 47 11/06/98 231 87 46 16 28 16 725 1933 140 917 208 52 12/06/98 307 63 41 25 44 21 662 1329 68 521 169 14 SalesPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/06/98 212 33 43 9 24 101 806 1473 164 329 173 22 09/06/98 197 53 72 7 9 38 765 1759 130 425 89 16 10/06/98 178 62 50 17 21 16 1163 1712 135 628 94 47 11/06/98 231 87 46 16 28 16 725 1933 140 917 208 52 12/06/98 307 63 41 25 44 21 662 1329 68 521 169 14 Sales
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ஜூன் 16, 1998Forward Cover facility for FIIs/NRIs/OCBsThe authorised dealers would be able to extend forward cover facility to FIIs to cover the appreciation in the market value of existing investments as well. This was clarified today in the circular issued by the Reserve Bank of India to operationalise its decision to make available this facility to FIIs. The Reserve Bank has announced the decision to allow forward cover facility to FIIs for their incremental investments on June 11, 1998. The Reserve Bank in its circulThe authorised dealers would be able to extend forward cover facility to FIIs to cover the appreciation in the market value of existing investments as well. This was clarified today in the circular issued by the Reserve Bank of India to operationalise its decision to make available this facility to FIIs. The Reserve Bank has announced the decision to allow forward cover facility to FIIs for their incremental investments on June 11, 1998. The Reserve Bank in its circul
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ஜூன் 16, 1998Foreign Exchange Data from 01/06/98 to 05/06/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 01/06/98 211 74 45 13 19 4 695 2096 106 346 99 27 02/06/98 161 45 35 24 32 20 701 952 78 406 146 21 03/06/98 176 39 35 12 76 23 405 1835 97 670 155 43 04/06/98 176 31 27 14 28 19 448 1407 64 513 228 24 05/06/98 177 47 50 19 32 24 724 1987 232 453 164 24 Sales 0Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 01/06/98 211 74 45 13 19 4 695 2096 106 346 99 27 02/06/98 161 45 35 24 32 20 701 952 78 406 146 21 03/06/98 176 39 35 12 76 23 405 1835 97 670 155 43 04/06/98 176 31 27 14 28 19 448 1407 64 513 228 24 05/06/98 177 47 50 19 32 24 724 1987 232 453 164 24 Sales 0
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ஜூன் 15, 1998Foreign Exchange Data from 25/05/98 to 29/05/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 25/05/98 163 81 25 18 22 7 1023 816 69 186 62 23 26/05/98 149 60 31 17 19 42 506 1524 74 640 174 22 27/05/98 237 79 137 22 33 18 762 1329 89 712 300 26 28/05/98 204 90 86 16 28 19 525 2232 146 653 261 60 29/05/98 218 107 78 20 33 44 1165 1383 91 514 203 51 SalePurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 25/05/98 163 81 25 18 22 7 1023 816 69 186 62 23 26/05/98 149 60 31 17 19 42 506 1524 74 640 174 22 27/05/98 237 79 137 22 33 18 762 1329 89 712 300 26 28/05/98 204 90 86 16 28 19 525 2232 146 653 261 60 29/05/98 218 107 78 20 33 44 1165 1383 91 514 203 51 Sale
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ஜூன் 03, 1998Foreign Exchange Data from 18/05/98 to 22/05/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 18/05/98 245 85 18 21 32 21 766 1194 141 720 175 51 19/05/98 204 73 56 11 18 11 459 1314 128 506 127 49 20/05/98 226 58 19 16 32 6 563 1305 136 483 145 74 21/05/98 167 48 36 17 25 21 406 1270 168 813 99 55 22/05/98 200 58 18 22 29 24 531 1466 121 694 143 68 SalPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 18/05/98 245 85 18 21 32 21 766 1194 141 720 175 51 19/05/98 204 73 56 11 18 11 459 1314 128 506 127 49 20/05/98 226 58 19 16 32 6 563 1305 136 483 145 74 21/05/98 167 48 36 17 25 21 406 1270 168 813 99 55 22/05/98 200 58 18 22 29 24 531 1466 121 694 143 68 Sal
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மே 21, 1998Foreign Exchange Data from 20/04/98 to 30/04/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancel- lation Spot Forward Forward Cancel- lation Spot Swap Forward Spot Swap Forward 20/04/98 363 85 31 159 26 28 607 843 102 620 120 30 21/04/98 207 62 26 19 32 22 400 908 105 678 190 34 22/04/98 176 59 14 27 18 25 419 518 72 760 106 22 23/04/98 263 46 18 20 22 27 409 800 120 617 129 53 24/04/98 235 112 17 18 16 19 473 996 144 697 158 47 2Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancel- lation Spot Forward Forward Cancel- lation Spot Swap Forward Spot Swap Forward 20/04/98 363 85 31 159 26 28 607 843 102 620 120 30 21/04/98 207 62 26 19 32 22 400 908 105 678 190 34 22/04/98 176 59 14 27 18 25 419 518 72 760 106 22 23/04/98 263 46 18 20 22 27 409 800 120 617 129 53 24/04/98 235 112 17 18 16 19 473 996 144 697 158 47 2
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மே 14, 1998FII Investments - Monitoring of Overall CeilingThe Reserve Bank of India has advised that no further purchases of shares of Housing Development Finance Corporation Ltd., should be made through stock exchanges in India on behalf of foreign institutional investors (FIIs), non-resident Indians (NRIs) and overseas corporate bodies (OCBs) under the portfolio investment scheme. The Advice has been sent to the designated banks entrusted with the work relating to investments on behalf of all registered FII/NRIs/OCBs. TheThe Reserve Bank of India has advised that no further purchases of shares of Housing Development Finance Corporation Ltd., should be made through stock exchanges in India on behalf of foreign institutional investors (FIIs), non-resident Indians (NRIs) and overseas corporate bodies (OCBs) under the portfolio investment scheme. The Advice has been sent to the designated banks entrusted with the work relating to investments on behalf of all registered FII/NRIs/OCBs. The
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ஏப். 22, 1998Management Information System (MIS) for Monitoring Agricultural Advances :Bank of Baroda ModelBank of Baroda has evolved a model system for monitoring agricultural and other advances and it is being implemented on pilot basis in its Moradabad Region (Western UP Zone). This MIS system has been computerized to generate pre-printed updation sheets containing basic information about the existing borrowal accounts and blank formats for recording new disbursals during the intervening period. Some of the branches are also sent data on magnetic media for its updationBank of Baroda has evolved a model system for monitoring agricultural and other advances and it is being implemented on pilot basis in its Moradabad Region (Western UP Zone). This MIS system has been computerized to generate pre-printed updation sheets containing basic information about the existing borrowal accounts and blank formats for recording new disbursals during the intervening period. Some of the branches are also sent data on magnetic media for its updation
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ஏப். 06, 1998Foreign Exchange Data from 23/03/98 to 27/03/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/03/98 295 107 81 14 21 16 523 1237 122 133 156 38 24/03/98 241 107 31 12 24 12 395 1025 125 389 103 12 25/03/98 248 64 41 30 10 9 473 969 137 545 91 16 26/03/98 334 62 56 9 8 20 566 864 112 587 161 13 27/03/98 345 132 136 11 36 29 740 1381 112 692 289 48 SalPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/03/98 295 107 81 14 21 16 523 1237 122 133 156 38 24/03/98 241 107 31 12 24 12 395 1025 125 389 103 12 25/03/98 248 64 41 30 10 9 473 969 137 545 91 16 26/03/98 334 62 56 9 8 20 566 864 112 587 161 13 27/03/98 345 132 136 11 36 29 740 1381 112 692 289 48 Sal
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ஏப். 01, 1998Foreign Currency Assets (FCA) increase by US$ 3.5 billion in 1997-98During the year 1997-98, the foreign currency assets of the Reserve Bank of India increased by US$ 3.5 billion. On March 31, 1998, foreign currency assets were US$ 25.9 billion as compared with US$ 22.4 billion on March 31, 1997. Inclusive of gold and SDR, the total foreign exchange reserves stood at US# 29.3 billion on March 31, 1998 representing in increase of US$ 2.9 billion over March 31, 1997. This takes into account revaluation of gold reserves due to fall in thDuring the year 1997-98, the foreign currency assets of the Reserve Bank of India increased by US$ 3.5 billion. On March 31, 1998, foreign currency assets were US$ 25.9 billion as compared with US$ 22.4 billion on March 31, 1997. Inclusive of gold and SDR, the total foreign exchange reserves stood at US# 29.3 billion on March 31, 1998 representing in increase of US$ 2.9 billion over March 31, 1997. This takes into account revaluation of gold reserves due to fall in th
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மார். 31, 1998Foreign Exchange Data from 16/03/98 to 20/03/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/03/98 456 182 38 9 36 27 905 1089 124 638 231 34 17/03/98 240 65 16 24 21 8 495 1098 113 633 177 25 18/03/98 245 84 84 14 43 73 375 1098 136 651 180 33 19/03/98 227 73 44 30 27 30 609 1168 160 425 126 17 20/03/98 302 67 32 16 14 14 446 723 141 343 91 17 SalePurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/03/98 456 182 38 9 36 27 905 1089 124 638 231 34 17/03/98 240 65 16 24 21 8 495 1098 113 633 177 25 18/03/98 245 84 84 14 43 73 375 1098 136 651 180 33 19/03/98 227 73 44 30 27 30 609 1168 160 425 126 17 20/03/98 302 67 32 16 14 14 446 723 141 343 91 17 Sale
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மார். 24, 1998Foreign Exchange Data from 09/03/98 to 12/03/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 09/03/98 245 52 35 13 35 28 575 956 87 400 144 15 10/03/98 233 52 27 8 16 7 549 974 125 383 97 18 11/03/98 214 79 12 11 30 18 410 1054 136 451 187 22 12/03/98 249 89 18 16 25 15 466 961 163 452 113 19 Sales 09/03/98 298 80 58 13 38 22 512 941 97 403 148 15 10/0Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 09/03/98 245 52 35 13 35 28 575 956 87 400 144 15 10/03/98 233 52 27 8 16 7 549 974 125 383 97 18 11/03/98 214 79 12 11 30 18 410 1054 136 451 187 22 12/03/98 249 89 18 16 25 15 466 961 163 452 113 19 Sales 09/03/98 298 80 58 13 38 22 512 941 97 403 148 15 10/0
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