Press Releases - ربی - Reserve Bank of India

February 17, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.61 on 17.02.2000 as against Rs.43.60 on 16.02.2000. 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

February 16, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.60 on 16.02.2000 as against Rs.43.62 on 15.02.2000. 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

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCY FCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 31/01/200041281 96 324454 74582573 536203 20 01/02/2000272109 138 343717 58986577 480101 26 02/02/200028965 20 384832 46076467 462121 28 03/02/2000244145 47 255738 4291117153 580133 17 04/02/200028593 17 186436 39581468 731142 18 SALES 31/01/2000387275 62 296253 74685493 5521

February 15, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.62 on 15.02.2000 as against Rs.43.64 on 14.02.2000. 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

February 14, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.64 on 14.02.2000 as against Rs.43.63 on 11.02.2000. 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

February 11, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.63 on 11.02.2000 as against Rs.43.64 on 10.02.2000. 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

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Global Telesystems Ltd., up to 30 per cent of their paid up capital, instead of the earlier 24 per cent through stock exchanges under the Portfolio Investment Scheme (PIS), as the company has passed a resolution at its General Body Meeting to this effect. Accordingly, the earlier restriction on purchase of equity shares an

February 10, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.64 on 10.02.2000 as against Rs.43.60 on 09.02.2000. 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

February 9, 2000 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.60 on 09.02.2000 as against Rs.43.62 on 08.02.2000. 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

The Reserve Bank of India has notified on February 9, 2000 that the aggregate net purchases of equity shares of M/s Global Telesystems Ltd., by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 22 per cent of its paid up capital. No further purchases of equity shares of M/s. Global Telesystems Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank.Rupambara Padhi Manage