Press Releases - ஆர்பிஐ - Reserve Bank of India

March 23, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.60 on 23.03.2000 as against Rs.43.58 on 22.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

The Reserve Bank of India has issued general permission under Foreign Exchange Regulation Act (FERA) for issue of shares to non-residents vide Notification No.FERA 215/2000-RB dated March 22, 2000. Accordingly, the eligible Indian companies can issue shares to non-residents and file the prescribed declarations etc. with the Regional Offices of RBI as hitherto.It may be recalled that the Government of India has recently issued directions expanding substantially the 'au

March 22, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 22.03.2000 as against Rs.43.57 on 21.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 21, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.57 on 21.03.2000 as against Rs.43.58 on 16.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

Indian companies, including those which have already enhanced the aggregate ceiling from the normal level of 24 per cent to 30 per cent of its issued and paid up capital, would now be permitted to allow Foreign Institutional Investors (FII) investment under Portfolio Investment Scheme (PIS), up to 40 per cent of their issued and paid up capital subject to : the approval by the board of directors of the company to the enhanced limit up to 40 per cent ;a special resolut

March 16, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 16.03.2000 as against Rs.43.59 on 15.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 15, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.59 on 15.03.2000 as against Rs.43.58 on 14.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 14, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 14.03.2000 as against Rs.43.58 on 13.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : DateCurrency per Rs.100 (

March 13, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 13.03.2000 as against Rs.43.59 on 10.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs

March 10, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.59 on 10.03.2000 as against Rs.43.58 on 09.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 21/02/200028778 16 574422 55357563 38358 16 22/02/200039676 33 473727 591874104 623201 20 23/02/2000375129 34 463832 61376866 444141 27 24/02/2000455157 52 354323 59967653 520177 17 25/02/2000407159 150 476329 530862406 564198 32 SALES 21/02/200029696 10 584421 56949551 40612

March 9, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 09.03.2000 as against Rs.43.57 on 08.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

March 8, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.57 on 08.03.2000 as against Rs.43.57 on 07.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

March 7, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.57 on 07.03.2000 as against Rs.43.57 on 06.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

March 6, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.57 on 06.03.2000 as against Rs.43.58 on 03.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

The Reserve Bank of India on March 3, 2000 has notified that Non-resident Indians (NRIs), Overseas Corporate Bodies (OCBs) and Persons of Indian Origin (PIOs) can now purchase equity shares and convertible debentures of the following companies up to 24 per cent of its paid up capital through stock exchanges under the portfolio investment scheme, as the companies have passed resolution at their General Body Meetings to this effect.1. Svam Software Ltd. 2. Rama Petroche

March 3, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 03.03.2000 as against Rs.43.58 on 02.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

March 2, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.58 on 02.03.2000 as against Rs.43.61 on 01.03.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

March 1, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.61 on 01.03.2000 as against Rs.43.61 on 29.02.2000. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are : Date Currency per Rs.

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Himachal Futuristic Communications Ltd., up to 30 per cent of their paid up capital through primary and stock exchanges, as the company has passed a resolution at its Board and General Body Meeting to this effect.Alpana Killawala General ManagerPress Release : 1999-2000/1173Monitoring of Investments in CompaniesFII Investm