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Foreign Exchange Management Act Announcement
Press Releases
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ஜன. 30, 2018Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 25, 2017 to December 29, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 25-12-2017 - - - - - - - - - - - - 26-12-2017 2,508 1,820 779 167 129 44 6,556 6,642 144The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 25, 2017 to December 29, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 25-12-2017 - - - - - - - - - - - - 26-12-2017 2,508 1,820 779 167 129 44 6,556 6,642 144
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ஜன. 30, 2018Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 18, 2017 to December 22, 2017. All Figures are in USD Millions PositionDate MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 18-12-2017 3,563 1,522 961 187 89 98 13,970 7,096 472 3,733 1,281 89 19-12-2017 3,185 1,43The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 18, 2017 to December 22, 2017. All Figures are in USD Millions PositionDate MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 18-12-2017 3,563 1,522 961 187 89 98 13,970 7,096 472 3,733 1,281 89 19-12-2017 3,185 1,43
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ஜன. 30, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7534 on January 30, 2018. The corresponding rate for the previous day (January 29, 2018) was ₹ 63.5470. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 29, 2018 January 30, 2018 1 EUR 78.8682 78.7546 1 GBP 89.8237 89.3886 100 YEN 58.38 58.62 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7534 on January 30, 2018. The corresponding rate for the previous day (January 29, 2018) was ₹ 63.5470. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 29, 2018 January 30, 2018 1 EUR 78.8682 78.7546 1 GBP 89.8237 89.3886 100 YEN 58.38 58.62 Note : The SDR-Ru
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ஜன. 29, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5470 on January 29, 2018. The corresponding rate for the previous day (January 25, 2018) was ₹ 63.4983. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 25, 2018 January 29, 2018 1 EUR 79.0681 78.8682 1 GBP 90.9169 89.8237 100 YEN 58.36 58.38 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5470 on January 29, 2018. The corresponding rate for the previous day (January 25, 2018) was ₹ 63.4983. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 25, 2018 January 29, 2018 1 EUR 79.0681 78.8682 1 GBP 90.9169 89.8237 100 YEN 58.36 58.38 Note : The SDR-Ru
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ஜன. 25, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4983 on January 25, 2018. The corresponding rate for the previous day (January 24, 2018) was ₹ 63.6439. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 24, 2018 January 25, 2018 1 EUR 78.4538 79.0681 1 GBP 89.3242 90.9169 100 YEN 57.92 58.36 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4983 on January 25, 2018. The corresponding rate for the previous day (January 24, 2018) was ₹ 63.6439. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 24, 2018 January 25, 2018 1 EUR 78.4538 79.0681 1 GBP 89.3242 90.9169 100 YEN 57.92 58.36 Note : The SDR-Ru
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ஜன. 24, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6439 on January 24, 2018. The corresponding rate for the previous day (January 23, 2018) was ₹ 63.7722. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 23, 2018 January 24, 2018 1 EUR 78.2166 78.4538 1 GBP 89.2046 89.3242 100 YEN 57.57 57.92 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6439 on January 24, 2018. The corresponding rate for the previous day (January 23, 2018) was ₹ 63.7722. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 23, 2018 January 24, 2018 1 EUR 78.2166 78.4538 1 GBP 89.2046 89.3242 100 YEN 57.57 57.92 Note : The SDR-Ru
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ஜன. 23, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7722 on January 23, 2018. The corresponding rate for the previous day (January 22, 2018) was ₹ 63.8895. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 22, 2018 January 23, 2018 1 EUR 78.1241 78.2166 1 GBP 88.5956 89.2046 100 YEN 57.64 57.57 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7722 on January 23, 2018. The corresponding rate for the previous day (January 22, 2018) was ₹ 63.8895. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 22, 2018 January 23, 2018 1 EUR 78.1241 78.2166 1 GBP 88.5956 89.2046 100 YEN 57.64 57.57 Note : The SDR-Ru
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ஜன. 22, 2018Outward Foreign Direct Investment for December 2017The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of December 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1999The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of December 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1999
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ஜன. 22, 2018RBI releases data on ECB / FCCB/RDB for December 2017The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of December 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1996The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of December 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1996
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ஜன. 22, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8895 on January 22, 2018. The corresponding rate for the previous day (January 19, 2018) was ₹ 63.7183. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 19, 2018 January 22, 2018 1 EUR 78.1441 78.1241 1 GBP 88.6449 88.5956 100 YEN 57.49 57.64 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8895 on January 22, 2018. The corresponding rate for the previous day (January 19, 2018) was ₹ 63.7183. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 19, 2018 January 22, 2018 1 EUR 78.1441 78.1241 1 GBP 88.6449 88.5956 100 YEN 57.49 57.64 Note : The SDR-Ru
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ஜன. 19, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7183 on January 19, 2018. The corresponding rate for the previous day (January 18, 2018) was ₹ 63.8431. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 18, 2018 January 19, 2018 1 EUR 77.8822 78.1441 1 GBP 88.2822 88.6449 100 YEN 57.41 57.49 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7183 on January 19, 2018. The corresponding rate for the previous day (January 18, 2018) was ₹ 63.8431. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 18, 2018 January 19, 2018 1 EUR 77.8822 78.1441 1 GBP 88.2822 88.6449 100 YEN 57.41 57.49 Note : The SDR-Ru
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ஜன. 18, 2018Monitoring of Foreign Investment under PIS in Indian Companies - M/s HealthCare Global Enterprises Limited-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 100%
2. Removal from the FPIs Ban ListThe Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Healthcare Global Enterprises Limited has increased from 24% to 100% of its paid up capital. M/s HealthCare Global Enterprises Limited has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of NotiThe Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s Healthcare Global Enterprises Limited has increased from 24% to 100% of its paid up capital. M/s HealthCare Global Enterprises Limited has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Noti -
ஜன. 18, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8431 on January 18, 2018. The corresponding rate for the previous day (January 17, 2018) was ₹ 63.9797. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 17, 2018 January 18, 2018 1 EUR 78.3495 77.8822 1 GBP 88.1256 88.2822 100 YEN 57.74 57.41 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8431 on January 18, 2018. The corresponding rate for the previous day (January 17, 2018) was ₹ 63.9797. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 17, 2018 January 18, 2018 1 EUR 78.3495 77.8822 1 GBP 88.1256 88.2822 100 YEN 57.74 57.41 Note : The SDR-Ru
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ஜன. 17, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9797 on January 17, 2018. The corresponding rate for the previous day (January 16, 2018) was ₹ 63.7602. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 16, 2018 January 17, 2018 1 EUR 78.2019 78.3495 1 GBP 87.9126 88.1256 100 YEN 57.50 57.74 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9797 on January 17, 2018. The corresponding rate for the previous day (January 16, 2018) was ₹ 63.7602. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 16, 2018 January 17, 2018 1 EUR 78.2019 78.3495 1 GBP 87.9126 88.1256 100 YEN 57.50 57.74 Note : The SDR-Ru
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ஜன. 16, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7602 on January 16, 2018. The corresponding rate for the previous day (January 15, 2018) was ₹ 63.4125. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 15, 2018 January 16, 2018 1 EUR 77.4457 78.2019 1 GBP 87.1795 87.9126 100 YEN 57.23 57.50 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7602 on January 16, 2018. The corresponding rate for the previous day (January 15, 2018) was ₹ 63.4125. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 15, 2018 January 16, 2018 1 EUR 77.4457 78.2019 1 GBP 87.1795 87.9126 100 YEN 57.23 57.50 Note : The SDR-Ru
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ஜன. 15, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4125 on January 15, 2018. The corresponding rate for the previous day (January 12, 2018) was ₹ 63.5263. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 12, 2018 January 15, 2018 1 EUR 76.5301 77.4457 1 GBP 86.0527 87.1795 100 YEN 57.09 57.23 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4125 on January 15, 2018. The corresponding rate for the previous day (January 12, 2018) was ₹ 63.5263. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 12, 2018 January 15, 2018 1 EUR 76.5301 77.4457 1 GBP 86.0527 87.1795 100 YEN 57.09 57.23 Note : The SDR-Ru
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ஜன. 12, 2018Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FPIs: M/s TeamLease Services LtdThe Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s TeamLease Services Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1919The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s TeamLease Services Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1919
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ஜன. 12, 2018Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FPIs: M/s Healthcare Global Enterprises LtdThe Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s Healthcare Global Enterprises Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1920The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s Healthcare Global Enterprises Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FPIs. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1920
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ஜன. 12, 2018Monitoring of Foreign Investment under PIS in Indian Companies- M/s Granules India Ltd.- Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49 %The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Granules India Ltd. has increased from 24% to 49% of its paid up capital. M/s Granules India Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA, 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (TraThe Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/s Granules India Ltd. has increased from 24% to 49% of its paid up capital. M/s Granules India Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA, 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Tra
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ஜன. 12, 2018RBI releases draft directions on hedging of commodity price risk and freight risk in overseas marketsThe Reserve Bank of India today released draft directions on hedging of commodity price risk and freight risk in overseas markets. Comments on the draft directions are invited from banks, market participants and other interested parties by January 31, 2018. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mumbai – 400001Or byThe Reserve Bank of India today released draft directions on hedging of commodity price risk and freight risk in overseas markets. Comments on the draft directions are invited from banks, market participants and other interested parties by January 31, 2018. Feedback on the draft directions may be forwarded to: The Chief General Manager, Reserve Bank of India Financial Markets Regulation Department 1st Floor, Main Building Shahid Bhagat Singh Marg, Mumbai – 400001Or by
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ஜன. 12, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5263 on January 12, 2018. The corresponding rate for the previous day (January 11, 2018) was ₹ 63.7364. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 11, 2018 January 12, 2018 1 EUR 76.1395 76.5301 1 GBP 86.0123 86.0527 100 YEN 57.03 57.09 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.5263 on January 12, 2018. The corresponding rate for the previous day (January 11, 2018) was ₹ 63.7364. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 11, 2018 January 12, 2018 1 EUR 76.1395 76.5301 1 GBP 86.0123 86.0527 100 YEN 57.03 57.09 Note : The SDR-Ru
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ஜன. 11, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7364 on January 11, 2018. The corresponding rate for the previous day (January 10, 2018) was ₹ 63.8264. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 10, 2018 January 11, 2018 1 EUR 76.1385 76.1395 1 GBP 86.2805 86.0123 100 YEN 56.81 57.03 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.7364 on January 11, 2018. The corresponding rate for the previous day (January 10, 2018) was ₹ 63.8264. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 10, 2018 January 11, 2018 1 EUR 76.1385 76.1395 1 GBP 86.2805 86.0123 100 YEN 56.81 57.03 Note : The SDR-Ru
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ஜன. 10, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8264 on January 10, 2018. The corresponding rate for the previous day (January 09, 2018) was ₹ 63.4690. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 09, 2018 January 10, 2018 1 EUR 75.9153 76.1385 1 GBP 86.1528 86.2805 100 YEN 56.33 56.81 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.8264 on January 10, 2018. The corresponding rate for the previous day (January 09, 2018) was ₹ 63.4690. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 09, 2018 January 10, 2018 1 EUR 75.9153 76.1385 1 GBP 86.1528 86.2805 100 YEN 56.33 56.81 Note : The SDR-Ru
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ஜன. 09, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4690 on January 09, 2018. The corresponding rate for the previous day (January 08, 2018) was ₹ 63.3482. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 08, 2018 January 09, 2018 1 EUR 76.1509 75.9153 1 GBP 85.8875 86.1528 100 YEN 55.95 56.33 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4690 on January 09, 2018. The corresponding rate for the previous day (January 08, 2018) was ₹ 63.3482. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 08, 2018 January 09, 2018 1 EUR 76.1509 75.9153 1 GBP 85.8875 86.1528 100 YEN 55.95 56.33 Note : The SDR-Ru
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ஜன. 08, 2018Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 11, 2017 to December 15, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 11-12-2017 2,762 1,631 573 105 84 93 9,595 7,384 443 2,917 956 51 12-12-2017 3,170 2,210The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 11, 2017 to December 15, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 11-12-2017 2,762 1,631 573 105 84 93 9,595 7,384 443 2,917 956 51 12-12-2017 3,170 2,210
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ஜன. 08, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3482 on January 08, 2018. The corresponding rate for the previous day (January 05, 2018) was ₹ 63.3823. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 05, 2018 January 08, 2018 1 EUR 76.5024 76.1509 1 GBP 86.0225 85.8875 100 YEN 56.06 55.95 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3482 on January 08, 2018. The corresponding rate for the previous day (January 05, 2018) was ₹ 63.3823. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 05, 2018 January 08, 2018 1 EUR 76.5024 76.1509 1 GBP 86.0225 85.8875 100 YEN 56.06 55.95 Note : The SDR-Ru
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ஜன. 05, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3823 on January 05, 2018. The corresponding rate for the previous day (January 04, 2018) was ₹ 63.3914. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 04, 2018 January 05, 2018 1 EUR 76.2472 76.5024 1 GBP 85.7432 86.0225 100 YEN 56.31 56.06 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3823 on January 05, 2018. The corresponding rate for the previous day (January 04, 2018) was ₹ 63.3914. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 04, 2018 January 05, 2018 1 EUR 76.2472 76.5024 1 GBP 85.7432 86.0225 100 YEN 56.31 56.06 Note : The SDR-Ru
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ஜன. 04, 2018RBI issues Master Direction on Foreign investment in IndiaThe Reserve Bank of India, in consultation with the Government of India, has revised the Regulations on foreign investment in India and has repealed and replaced the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 (Notification No. FEMA 20) and Foreign Exchange Management (Investment in a Firm or Proprietary Concern in India) Regulations, 2000 (Notification No. FEMA 24) both dated May 3, 2000 with the FoThe Reserve Bank of India, in consultation with the Government of India, has revised the Regulations on foreign investment in India and has repealed and replaced the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 (Notification No. FEMA 20) and Foreign Exchange Management (Investment in a Firm or Proprietary Concern in India) Regulations, 2000 (Notification No. FEMA 24) both dated May 3, 2000 with the Fo
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ஜன. 04, 2018Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 04, 2017 to December 08, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 04-12-2017 5,150 1,306 727 97 212 163 13,801 9,757 699 4,128 1,177 207 05-12-2017 3,020 1The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 04, 2017 to December 08, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 04-12-2017 5,150 1,306 727 97 212 163 13,801 9,757 699 4,128 1,177 207 05-12-2017 3,020 1
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ஜன. 04, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3914 on January 04, 2018. The corresponding rate for the previous day (January 03, 2018) was ₹ 63.4833. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 03, 2018 January 04, 2018 1 EUR 76.5418 76.2472 1 GBP 86.4071 85.7432 100 YEN 56.55 56.31 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.3914 on January 04, 2018. The corresponding rate for the previous day (January 03, 2018) was ₹ 63.4833. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 03, 2018 January 04, 2018 1 EUR 76.5418 76.2472 1 GBP 86.4071 85.7432 100 YEN 56.55 56.31 Note : The SDR-Ru
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ஜன. 03, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4833 on January 03, 2018. The corresponding rate for the previous day (January 02, 2018) was ₹ 63.6728. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 02, 2018 January 03, 2018 1 EUR 76.5856 76.5418 1 GBP 86.1111 86.4071 100 YEN 56.52 56.55 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.4833 on January 03, 2018. The corresponding rate for the previous day (January 02, 2018) was ₹ 63.6728. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 02, 2018 January 03, 2018 1 EUR 76.5856 76.5418 1 GBP 86.1111 86.4071 100 YEN 56.52 56.55 Note : The SDR-Ru
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ஜன. 02, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6728 on January 02, 2018. The corresponding rate for the previous day (January 01, 2018) was ₹ 63.6697. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 01, 2018 January 02, 2018 1 EUR 76.4100 76.5856 1 GBP 85.8968 86.1111 100 YEN 56.51 56.52 Note : The SDR-RuThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6728 on January 02, 2018. The corresponding rate for the previous day (January 01, 2018) was ₹ 63.6697. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date January 01, 2018 January 02, 2018 1 EUR 76.4100 76.5856 1 GBP 85.8968 86.1111 100 YEN 56.51 56.52 Note : The SDR-Ru
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ஜன. 01, 2018RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6697 on January 01, 2018. The corresponding rate for the previous day (December 29, 2017) was ₹ 63.9273. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 29, 2017 January 01, 2018 1 EUR 76.3867 76.4100 1 GBP 86.0653 85.8968 100 YEN 56.72 56.51 Note : The SDR-The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6697 on January 01, 2018. The corresponding rate for the previous day (December 29, 2017) was ₹ 63.9273. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 29, 2017 January 01, 2018 1 EUR 76.3867 76.4100 1 GBP 86.0653 85.8968 100 YEN 56.72 56.51 Note : The SDR-
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டிச. 29, 2017India’s International Investment Position (IIP), September 20171Today, the Reserve Bank released data relating to India’s international investment position (IIP) as at end-September 2017. Highlights: Net claims of non-residents on India declined by US$ 1.9 billion over the previous quarter due to higher increase in Indian residents’ overseas financial assets as compared with foreign-owned assets in India (Table 1). Indian residents’ financial assets abroad exhibited an increase of US$ 18.6 billion over the level in the previous quToday, the Reserve Bank released data relating to India’s international investment position (IIP) as at end-September 2017. Highlights: Net claims of non-residents on India declined by US$ 1.9 billion over the previous quarter due to higher increase in Indian residents’ overseas financial assets as compared with foreign-owned assets in India (Table 1). Indian residents’ financial assets abroad exhibited an increase of US$ 18.6 billion over the level in the previous qu
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டிச. 29, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9273 on December 29, 2017. The corresponding rate for the previous day (December 28, 2017) was ₹ 64.1716. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 28, 2017 December 29, 2017 1 EUR 76.5631 76.3867 1 GBP 86.2210 86.0653 100 YEN 56.89 56.72 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.9273 on December 29, 2017. The corresponding rate for the previous day (December 28, 2017) was ₹ 64.1716. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 28, 2017 December 29, 2017 1 EUR 76.5631 76.3867 1 GBP 86.2210 86.0653 100 YEN 56.89 56.72 Note : The SD
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டிச. 28, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1716 on December 28, 2017. The corresponding rate for the previous day (December 27, 2017) was ₹ 64.1577. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 27, 2017 December 28, 2017 1 EUR 76.2258 76.5631 1 GBP 85.8366 86.2210 100 YEN 56.68 56.89 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1716 on December 28, 2017. The corresponding rate for the previous day (December 27, 2017) was ₹ 64.1577. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 27, 2017 December 28, 2017 1 EUR 76.2258 76.5631 1 GBP 85.8366 86.2210 100 YEN 56.68 56.89 Note : The SD
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டிச. 27, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1577 on December 27, 2017. The corresponding rate for the previous day (December 26, 2017) was ₹ 64.0538. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 26, 2017 December 27, 2017 1 EUR 76.0255 76.2258 1 GBP 85.6720 85.8366 100 YEN 56.53 56.68 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1577 on December 27, 2017. The corresponding rate for the previous day (December 26, 2017) was ₹ 64.0538. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 26, 2017 December 27, 2017 1 EUR 76.0255 76.2258 1 GBP 85.6720 85.8366 100 YEN 56.53 56.68 Note : The SD
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டிச. 26, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0538 on December 26, 2017. The corresponding rate for the previous day (December 22, 2017) was ₹ 64.0409. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 22, 2017 December 26, 2017 1 EUR 75.8821 76.0255 1 GBP 85.6739 85.6720 100 YEN 56.51 56.53 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0538 on December 26, 2017. The corresponding rate for the previous day (December 22, 2017) was ₹ 64.0409. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 22, 2017 December 26, 2017 1 EUR 75.8821 76.0255 1 GBP 85.6739 85.6720 100 YEN 56.51 56.53 Note : The SD
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டிச. 22, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0409 on December 22, 2017. The corresponding rate for the previous day (December 21, 2017) was ₹ 64.0883. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 21, 2017 December 22, 2017 1 EUR 76.0344 75.8821 1 GBP 85.6284 85.6739 100 YEN 56.50 56.51 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0409 on December 22, 2017. The corresponding rate for the previous day (December 21, 2017) was ₹ 64.0883. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 21, 2017 December 22, 2017 1 EUR 76.0344 75.8821 1 GBP 85.6284 85.6739 100 YEN 56.50 56.51 Note : The SD
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டிச. 21, 2017Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 27, 2017 to December 01, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 27-11-2017 3,197 1,827 1,107 233 266 313 11,790 6,692 658 4,000 2,224 123 28-11-2017 4,22The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 27, 2017 to December 01, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 27-11-2017 3,197 1,827 1,107 233 266 313 11,790 6,692 658 4,000 2,224 123 28-11-2017 4,22
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டிச. 21, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0883 on December 21, 2017. The corresponding rate for the previous day (December 20, 2017) was ₹ 64.0577. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 20, 2017 December 21, 2017 1 EUR 75.8251 76.0344 1 GBP 85.7604 85.6284 100 YEN 56.70 56.50 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0883 on December 21, 2017. The corresponding rate for the previous day (December 20, 2017) was ₹ 64.0577. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 20, 2017 December 21, 2017 1 EUR 75.8251 76.0344 1 GBP 85.7604 85.6284 100 YEN 56.70 56.50 Note : The SD
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டிச. 20, 2017RBI releases data on ECB / FCCB/RDB for November 2017The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of November 2017. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/1694The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of November 2017. Anirudha D. Jadhav Assistant Manager Press Release: 2017-2018/1694
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டிச. 20, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0577 on December 20, 2017. The corresponding rate for the previous day (December 19, 2017) was ₹ 64.1205. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 19, 2017 December 20, 2017 1 EUR 75.6365 75.8251 1 GBP 85.7932 85.7604 100 YEN 56.98 56.70 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0577 on December 20, 2017. The corresponding rate for the previous day (December 19, 2017) was ₹ 64.1205. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 19, 2017 December 20, 2017 1 EUR 75.6365 75.8251 1 GBP 85.7932 85.7604 100 YEN 56.98 56.70 Note : The SD
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டிச. 19, 2017Monitoring of Foreign Investment under the Portfolio Investment Scheme in Indian Companies - Removal from the Ban List- NRIs-M/s Somany Ceramics LtdThe Reserve Bank of India has today notified that the aggregate foreign share holding by NRIs under Portfolio Investment Scheme in M/s Somany Ceramics Ltd. have gone below the prescribed threshold limit stipulated under the extant FDI Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1677The Reserve Bank of India has today notified that the aggregate foreign share holding by NRIs under Portfolio Investment Scheme in M/s Somany Ceramics Ltd. have gone below the prescribed threshold limit stipulated under the extant FDI Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release : 2017-2018/1677
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டிச. 19, 2017Foreign Exchange Turnover DataThe Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 20, 2017 to November 24, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 20-11-2017 2,880 814 852 204 105 152 9,809 6,148 620 3,494 1,459 18 21-11-2017 2,860 800 711 190The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 20, 2017 to November 24, 2017. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 20-11-2017 2,880 814 852 204 105 152 9,809 6,148 620 3,494 1,459 18 21-11-2017 2,860 800 711 190
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டிச. 19, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1205 on December 19, 2017. The corresponding rate for the previous day (December 18, 2017) was ₹ 64.1065. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 18, 2017 December 19, 2017 1 EUR 75.4277 75.6365 1 GBP 85.5437 85.7932 100 YEN 56.90 56.98 Note : The SD
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டிச. 18, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.1065 on December 18, 2017. The corresponding rate for the previous day (December 15, 2017) was ₹ 64.0958. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 15, 2017 December 18, 2017 1 EUR 75.5241 75.4277 1 GBP 86.1319 85.5437 100 YEN 57.13 56.90 Note : The SD
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டிச. 15, 2017Monitoring of Foreign Investment under PIS in Indian Companies - M/s JSW Holdings Ltd.-
1. Increase in FPIs Investment limit under Portfolio Investment Scheme from 24 % to 49%
2. Removal from the FPIs Caution ListThe Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Transfer or issuThe Reserve Bank of India has today notified that the foreign investment limit for investment by Foreign Portfolios Investors (FPIs) in M/s JSW Holdings Ltd. has increased from 24% to 49% of its paid up capital. M/s JSW Holdings Ltd. has passed necessary resolutions of its Board of Directors and General Body as required under the FEMA 1999 and the regulations framed thereunder. The increase is subject to regulation 5(2) of Foreign Exchange Management (Transfer or issu -
டிச. 15, 2017Overseas Direct Investment for November 2017The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638The Reserve Bank of India has today released the data on Outward Foreign Direct Investment (OFDI) indicating the comparative position for the month of October 2017 and November 2017 and for the month of November 2016 and November 2017 both under Automatic Route and the Approval Route, for the month of November 2017. Ajit Prasad Assistant Adviser Press Release: 2017-2018/1638
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டிச. 15, 2017RBI Reference Rate for US $The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SDThe Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0958 on December 15, 2017. The corresponding rate for the previous day (December 14, 2017) was ₹ 64.2798. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date December 14, 2017 December 15, 2017 1 EUR 75.9980 75.5241 1 GBP 86.3535 86.1319 100 YEN 57.06 57.13 Note : The SD
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