Press Releases - ربی - Reserve Bank of India

June 15, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.18 on 15.6.1999 as against Rs.43.13 on 14.6.1999. 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. 1

June 14, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.13 on 14.6.1999 as against Rs.43.06 on 11.6.1999. 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. 1

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCYFCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 31/05/199919644 34 141715497517 80 136661501/06/199913252 30 18176466632 92 2361651702/06/199916750 39 22359390490 22 3121562003/06/199923444 31 352118367483 59 3651183604/06/199918650 18 431235381641 52 27011223 SALES 31/05/1999184103 17 92811509416 77 151541201/06/199917167

June 11, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.06 on 11.6.1999 as against Rs.43.02 on 10.6.1999. 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. 1

June 10, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.02 on 10.6.1999 as against Rs.43.05 on 9.6.1999. 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. 10

June 09, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.05 on 9.6.1999 as against Rs.42.98 on 8.6.1999. 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. 100

June 08, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.98 on 8.6.1999 as against Rs.43.01 on 7.6.1999. 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. 100

All Figures Are in USD MillionsPURCHASES MERCHANTINTER BANKPosition FCY/INR FCY/FCYFCY/INR FCY/FCYDateSPOTFORWARDFORWARDSPOTFORWARDFORWARDSPOTSWAPFORWARDSPOTSWAPFORWARD CANCELLATION CANCELLATION 24/05/199925848 38 132812362529 60 2452091425/05/199919165 56 141825332606 72 3521691726/05/199919063 142 223826473754 56 3572434227/05/1999190134 99 83536700851 127 3061732728/05/1999352113 132 2360427341008 181 26519664 SALES 24/05/199936763 17 53015343439 43 2552261525/05/1

June 07, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.01 on 7.6.1999 as against Rs.42.94 on 4.6.1999. 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. 100

The Reserve Bank of India on June 7, 1999 has notified that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Vikas WSP Ltd., upto 30 per cent of their paid up capital through primary and stock exchanges, as the company has passed a resolution at its General Body Meeting to this effect.Rupambara Padhi ManagerPress Release : 1998-99/1517 Monitoring of Investments in Companies FII Investment NRIs/OCBs/PIOs Investmen