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Foreign Exchange Management Act Announcement
Press Releases
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فروری 16, 1999Monitoring FIIs Investments in Indian CompaniesThe Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Software Solutions Integrated 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 this company has passed the resolution at its General Body Meeting to this effect. Alapana Killawal General ManagerPress Release : 1998-99/The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Software Solutions Integrated 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 this company has passed the resolution at its General Body Meeting to this effect. Alapana Killawal General ManagerPress Release : 1998-99/
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فروری 15, 1999RBI Reference Rate for US $February 15, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.42 on15.02.1999 as against Rs.42.45 on 12.02.1999. 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 perFebruary 15, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.42 on15.02.1999 as against Rs.42.45 on 12.02.1999. 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
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فروری 15, 1999Reserve Bank of India - Foreign Exchange Data from 01/02/1999 to 05/02/1999All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 01/02/1999279639229725467640784291801502/02/1999259785236476383584854482601303/02/199924361202012276332572534032611204/02/19992076021214938344591984603485505/02/1999208552232124963604827964514021SALES 01/02/19992664913239946523630664342431602/02/19992208015106538468581565471All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 01/02/1999279639229725467640784291801502/02/1999259785236476383584854482601303/02/199924361202012276332572534032611204/02/19992076021214938344591984603485505/02/1999208552232124963604827964514021SALES 01/02/19992664913239946523630664342431602/02/19992208015106538468581565471
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فروری 12, 1999RBI Reference Rate for US $February 12, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.45 on February 12, 1999 as against Rs.42.46 on February 11, 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 : DatFebruary 12, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.45 on February 12, 1999 as against Rs.42.46 on February 11, 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 : Dat
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فروری 12, 1999Investment limit by NRIs/OCBs/PIOs - Portfolio Investment Scheme (PIS)The Reserve Bank of India has withdrawn the restriction placed on the purchase of shares of M/s. Bharati Telecom Ltd. The Reserve Bank of India has advised that the percentage of Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/Persons of Indian Origin (PIOs) investments to the paid up capital of M/s. Bharati Telecom Ltd. has gone down below 8 per cent as on February 11, 1999. It would, therefore, be in order for NRIs/OCBs/PIOs to invest in the shares of tThe Reserve Bank of India has withdrawn the restriction placed on the purchase of shares of M/s. Bharati Telecom Ltd. The Reserve Bank of India has advised that the percentage of Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs)/Persons of Indian Origin (PIOs) investments to the paid up capital of M/s. Bharati Telecom Ltd. has gone down below 8 per cent as on February 11, 1999. It would, therefore, be in order for NRIs/OCBs/PIOs to invest in the shares of t
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فروری 11, 1999Reserve Bank of India - Foreign Exchange Data from 11/01/1999 to 29/01/1999All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 11/01/199924662593178313476331044202342112/01/19994238341420323502551142113/01/1999326665221833148310031305452174814/01/19992406528521479942682919466216210915/01/1999177405042110533828201175551634018/01/199928554604893893146081136052012219/01/19991565546236774321608109492156All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 11/01/199924662593178313476331044202342112/01/19994238341420323502551142113/01/1999326665221833148310031305452174814/01/19992406528521479942682919466216210915/01/1999177405042110533828201175551634018/01/199928554604893893146081136052012219/01/19991565546236774321608109492156
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فروری 11, 1999RBI Reference Rate for US $February 11, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.46 on 11.02.1999 as against Rs.42.44 on 10.02.1999. 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 perFebruary 11, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.46 on 11.02.1999 as against Rs.42.44 on 10.02.1999. 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
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فروری 10, 1999RBI Reference Rate for US $February 10, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 10.02.1999 as against Rs.42.44 on 09.02.1999. 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 perFebruary 10, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 10.02.1999 as against Rs.42.44 on 09.02.1999. 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
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فروری 09, 1999RBI Reference Rate for US $February 9, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 09.02.1999 as against Rs.42.47 on 08.02.1999. 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 perFebruary 9, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.44 on 09.02.1999 as against Rs.42.47 on 08.02.1999. 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
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فروری 08, 1999RBI Reference Rate for US $February 8, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 08.02.1999 as against Rs.42.47 on 05.02.1999. 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 perFebruary 8, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 08.02.1999 as against Rs.42.47 on 05.02.1999. 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
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فروری 05, 1999RBI Reference Rate for US $February 5, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 05.02.1999 as against Rs.42.46 on 04.02.1999. 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 perFebruary 5, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 05.02.1999 as against Rs.42.46 on 04.02.1999. 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
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فروری 04, 1999RBI Reference Rate for US $February 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.46 on 04.02.1999 as against Rs.42.48 on 03.02.1999. 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 perFebruary 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.46 on 04.02.1999 as against Rs.42.48 on 03.02.1999. 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
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فروری 03, 1999RBI Reference Rate for US $February 3, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 03.02.1999 as against Rs.42.50 on 02.02.1999. 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 perFebruary 3, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 03.02.1999 as against Rs.42.50 on 02.02.1999. 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
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فروری 02, 1999RBI Reference Rate for US $February 2, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 02.02.1999 as against Rs.42.50 on 01.02.1999. 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 perFebruary 2, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 02.02.1999 as against Rs.42.50 on 01.02.1999. 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
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فروری 02, 1999Monitoring NRI Investments in Indian CompaniesThe Reserve Bank India has advised that Non-Resident Indians/Overseas Corporate Bodies/Persons of Indian Origin can now purchase equity shares and convertible debentures of M/s. Matsushita Television & Audio India Ltd. and BPL Ltd. up to 24 per cent of their paid up capital instead of the earlier 10 per cent through stock exchanges under the Portfolio Investment Scheme (PIS). Both these companies have passed the resolution at their General Body Meetings to this efThe Reserve Bank India has advised that Non-Resident Indians/Overseas Corporate Bodies/Persons of Indian Origin can now purchase equity shares and convertible debentures of M/s. Matsushita Television & Audio India Ltd. and BPL Ltd. up to 24 per cent of their paid up capital instead of the earlier 10 per cent through stock exchanges under the Portfolio Investment Scheme (PIS). Both these companies have passed the resolution at their General Body Meetings to this ef
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فروری 01, 1999RBI Reference Rate for US $February 1, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 01.02.1999 as against Rs.42.50 on 29.01.1999. 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 perFebruary 1, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 01.02.1999 as against Rs.42.50 on 29.01.1999. 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
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فروری 01, 1999Foreign Direct Investment under the 'automatic route of RBI' - Further liberalisationAs a measure of further liberalisation, the general permission granted under the 'automatic route of RBI' for issue of shares in terms of Notification No.FERA. 180/98-RB dated January 13, 1998 has been extended to cover issue of shares upto 100% in respect of the activities, viz., 'construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, port and harbours', as added in Part 'D' of Annexure III list in terms of Ministry of InduAs a measure of further liberalisation, the general permission granted under the 'automatic route of RBI' for issue of shares in terms of Notification No.FERA. 180/98-RB dated January 13, 1998 has been extended to cover issue of shares upto 100% in respect of the activities, viz., 'construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, port and harbours', as added in Part 'D' of Annexure III list in terms of Ministry of Indu
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جنوری 29, 1999RBI Reference Rate for US $January 29, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 29.01.1999 as against Rs.42.50 on 28.01.1999. 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 perJanuary 29, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 29.01.1999 as against Rs.42.50 on 28.01.1999. 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
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جنوری 28, 1999RBI Reference Rate for US $January 28, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 28.01.1999 as against Rs.42.49 on 27.01.1999. 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 perJanuary 28, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 28.01.1999 as against Rs.42.49 on 27.01.1999. 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
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جنوری 27, 1999RBI Reference Rate for US $January 27, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.49 on 27.01.1999 as against Rs.42.51 on 25.01.1999. 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 perJanuary 27, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.49 on 27.01.1999 as against Rs.42.51 on 25.01.1999. 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
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جنوری 25, 1999RBI Reference Rate for US $January 25, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on January 25, 1999 as against Rs.42.51 on January 22, 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 CJanuary 25, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on January 25, 1999 as against Rs.42.51 on January 22, 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 C
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جنوری 23, 1999Investment by FIIs - Purchase of equity sharesThe Reserve Bank of India has advised that overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors (FIIs) has been reached in M/s. Pentafour Software Ltd. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of FIIs.The Reserve Bank has also advised that as per the resolution passed by the Board and in General Body meetings of M/s. NIThe Reserve Bank of India has advised that overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors (FIIs) has been reached in M/s. Pentafour Software Ltd. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of FIIs.The Reserve Bank has also advised that as per the resolution passed by the Board and in General Body meetings of M/s. NI
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جنوری 22, 1999RBI Reference Rate for US $January 22, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 22.01.1999 as against Rs.42.51 on 21.01.1999. 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 perJanuary 22, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 22.01.1999 as against Rs.42.51 on 21.01.1999. 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
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جنوری 22, 1999Investment by FIIsThe Reserve Bank of India has notified on January 21, 1999 that the aggregate net purchases of equity shares of M/s. Satyam Computers Limited by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 28 per cent of its paid up capital. No further purchases of equity shares of M/s. Satyam Computers Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank. Alpana Killawala GenerThe Reserve Bank of India has notified on January 21, 1999 that the aggregate net purchases of equity shares of M/s. Satyam Computers Limited by foreign institutional investors (FIIs) in the primary/secondary markets has reached the limit of 28 per cent of its paid up capital. No further purchases of equity shares of M/s. Satyam Computers Ltd. will, therefore, be allowed on behalf of the FIIs without obtaining prior approval of the Reserve Bank. Alpana Killawala Gener
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جنوری 21, 1999RBI Reference Rate for US $January 21, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on January 21, 1999 as against Rs.42.50 on January 19, 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 CJanuary 21, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on January 21, 1999 as against Rs.42.50 on January 19, 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 C
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جنوری 19, 1999RBI Reference Rate for US $January 19, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 19/01/1999 as against Rs.42.50 on 18/01/1999. 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 perJanuary 19, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 19/01/1999 as against Rs.42.50 on 18/01/1999. 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
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جنوری 18, 1999RBI Reference Rate for US $January 18, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 18/01/1999 as against Rs.42.47 on 15/01/1999. 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 perJanuary 18, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 18/01/1999 as against Rs.42.47 on 15/01/1999. 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
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جنوری 18, 1999Reserve Bank of India - Foreign Exchange Data from 04/01/99 to 08/01/99All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 04/01/991916415257279452459743511621205/01/9919355262820289393520555071641706/01/9921510580119113745499551573951991407/01/99235405270118833788518759922810808/01/992558553231285844067515248222339SALES 04/01/99229355167927438478753691671405/01/992117210151978538156557480229310All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 04/01/991916415257279452459743511621205/01/9919355262820289393520555071641706/01/9921510580119113745499551573951991407/01/99235405270118833788518759922810808/01/992558553231285844067515248222339SALES 04/01/99229355167927438478753691671405/01/992117210151978538156557480229310
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جنوری 15, 1999RBI Reference Rate for US $January 15, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 15.01.1999 as against Rs.42.52 on 14.01.1999. 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, DEM/Euro and Yen against Rs.100 are : Date CurrencyJanuary 15, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.47 on 15.01.1999 as against Rs.42.52 on 14.01.1999. 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, DEM/Euro and Yen against Rs.100 are : Date Currency
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جنوری 14, 1999RBI Reference Rate for US $January 14, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on January 14, 1999 as against Rs.42.50 on January 13, 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, DEM/Euro and Yen against Rs.100 are : DaJanuary 14, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on January 14, 1999 as against Rs.42.50 on January 13, 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, DEM/Euro and Yen against Rs.100 are : Da
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جنوری 13, 1999RBI Reference Rate for US $January 13, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 13.01.1999 as against Rs.42.50 on 12.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date CurrencyJanuary 13, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 13.01.1999 as against Rs.42.50 on 12.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency
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جنوری 12, 1999RBI Reference Rate for US $January 12, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 12.01.1999 as against Rs.42.52 on 11.01.1999 . 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, DEM and Yen against Rs.100 are : Date Currency perJanuary 12, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 12.01.1999 as against Rs.42.52 on 11.01.1999 . 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, DEM and Yen against Rs.100 are : Date Currency per
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جنوری 12, 1999Reserve Bank of India - Foreign Exchange Data from 28/12/1998 to 01/01/1999All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 28/12/199829977144162412439608922121102829/12/19982904310013147702677831453132633430/12/199833236881026193605541031181904531/12/19981614123111428722414219220547201/01/1999861715672137129442134SALES 28/12/19983132086662512418485822981131729/12/19983001201151459925783915527126All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 28/12/199829977144162412439608922121102829/12/19982904310013147702677831453132633430/12/199833236881026193605541031181904531/12/19981614123111428722414219220547201/01/1999861715672137129442134SALES 28/12/19983132086662512418485822981131729/12/19983001201151459925783915527126
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جنوری 11, 1999RBI Reference Rate for US $January 11, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 11.01.1999 as against Rs.42.52 on 08.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date CurrencyJanuary 11, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 11.01.1999 as against Rs.42.52 on 08.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency
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جنوری 08, 1999RBI Reference Rate for US $January 8, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 08.01.1999 as against Rs.42.52 on 07.01.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 8, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 08.01.1999 as against Rs.42.52 on 07.01.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate. Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, DEM/EURO and Yen against Rs.100 are : Date Currency p
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جنوری 08, 1999India's Foreign Exchange Reserves cross US$ 30 Billion on 1st January 1999On 1st January 1999, which was also the first Friday of the new year, India's total Foreign Exchange Reserves reached the level of US$ 30,012 million. The increase in Foreign Exchange Reserves as compared with end-December 1997 was US$ 2,657 million. According to the weekly Statistical supplement of the Reserve Bank of India, to be released tomorrow, the increase in reserves on 1st January over the previous week was US$ 45 million, after allowing for a reduction of USOn 1st January 1999, which was also the first Friday of the new year, India's total Foreign Exchange Reserves reached the level of US$ 30,012 million. The increase in Foreign Exchange Reserves as compared with end-December 1997 was US$ 2,657 million. According to the weekly Statistical supplement of the Reserve Bank of India, to be released tomorrow, the increase in reserves on 1st January over the previous week was US$ 45 million, after allowing for a reduction of US
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جنوری 07, 1999RBI Reference Rate for US $January 7, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 07.01.1999 as against Rs.42.51 on 06.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 7, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 07.01.1999 as against Rs.42.51 on 06.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency p
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جنوری 06, 1999RBI Reference Rate for US $January 6, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 06.01.1999 as against Rs.42.56 on 05.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 6, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 06.01.1999 as against Rs.42.56 on 05.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency p
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جنوری 05, 1999RBI Reference Rate for US $January 5, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.56 on 05.01.1999 as against Rs.42.51 on 04.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 5, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.56 on 05.01.1999 as against Rs.42.51 on 04.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency p
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جنوری 05, 1999Reserve Bank of India - Foreign Exchange Data from 21/12/1998 to 24/12/1998All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 21/12/1998268452745331461724373171532422/12/1998207916310595250757813744414310923/12/19982005651202030335584612461339624/12/199826746646203229551211617410734SALES 21/12/1998288811145333412450343691252722/12/1998247148218565449160414048014711423/12/199821911525121929270539622All Figures Are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 21/12/1998268452745331461724373171532422/12/1998207916310595250757813744414310923/12/19982005651202030335584612461339624/12/199826746646203229551211617410734SALES 21/12/1998288811145333412450343691252722/12/1998247148218565449160414048014711423/12/199821911525121929270539622
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جنوری 04, 1999RBI Reference Rate for US $January 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 04.01.1999 as against Rs.42.47 on 01.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency pJanuary 4, 1999 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.51 on 04.01.1999 as against Rs.42.47 on 01.01.1999. 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, DEM/EURO and Yen against Rs.100 are : Date Currency p
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جنوری 01, 1999RBI Reference Rate for US $January 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.4700 on 1.1.1999 as against Rs.42.4800 on 31.12.1998. 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. Maureen Shankar Manager Press Release : 1998-99/871January 1, 1999 The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.4700 on 1.1.1999 as against Rs.42.4800 on 31.12.1998. 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. Maureen Shankar Manager Press Release : 1998-99/871
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دسمبر 31, 1998India's Foreign Currency Assets increase to a record level at the end of December 1998According to the Weekly Statistical Supplement of the Reserve Bank of India, to be released on Saturday (January 2, 1999), India's total Foreign Currency Assets reached the level of US $ 26, 843 million on December 24, 1998. This is the last weekly data for the year ending today. The level of foreign currency assets on December 24, was the highest ever recorded. The peak level of foreign currency assets before the current year was reached on August 29, 1997. Foreign cAccording to the Weekly Statistical Supplement of the Reserve Bank of India, to be released on Saturday (January 2, 1999), India's total Foreign Currency Assets reached the level of US $ 26, 843 million on December 24, 1998. This is the last weekly data for the year ending today. The level of foreign currency assets on December 24, was the highest ever recorded. The peak level of foreign currency assets before the current year was reached on August 29, 1997. Foreign c
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دسمبر 31, 1998RBI Reference Rate for US $December 31, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 31.12.1998 as against Rs.42.54 on 30.12.1998. 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 31, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.48 on 31.12.1998 as against Rs.42.54 on 30.12.1998. 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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دسمبر 30, 1998RBI Reference Rate for US $December 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 30.12.1998 as against Rs.42.53 on 29.12.1998. 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 30, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 30.12.1998 as against Rs.42.53 on 29.12.1998. 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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دسمبر 30, 1998Banks' preparedness for switch to euroThe Reserve Bank of India had convened a meeting on December 29, 1998 of major Indian commercial banks to review and confirm the preparedness of the Indian banks for switching to euro. Deputy Governor (Dr. Y. V. Reddy) presided over the meeting. The representative from Foreign Exchange Dealers' Association of India (FEDAI) mentioned that it had initiated active follow-up action after the release of a comprehensive RBI Report on the subject, and issued detailed instrucThe Reserve Bank of India had convened a meeting on December 29, 1998 of major Indian commercial banks to review and confirm the preparedness of the Indian banks for switching to euro. Deputy Governor (Dr. Y. V. Reddy) presided over the meeting. The representative from Foreign Exchange Dealers' Association of India (FEDAI) mentioned that it had initiated active follow-up action after the release of a comprehensive RBI Report on the subject, and issued detailed instruc
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دسمبر 29, 1998Reserve Bank of India - Foreign Exchange Data from 14/12/1998 to 18/12/1998All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 14/12/199835780402244214636615232316813 15/12/199820432311473624144308640511227 16/12/199818334381175692684153240310618 17/12/199823346791379353853594847315920 18/12/1998224614747330402575343811266 SALES 14/12/1998370115191139214394846534933513 15/12/199823210617473153414577All Figures are in USD MillionsPURCHASES MERCHANT INTER BANK Position FCY/INR FCY/FCY FCY/INR FCY/FCY DateSPOTFORWARDFORWARDCANCELLATIONSPOTFORWARDFORWARDCANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARD 14/12/199835780402244214636615232316813 15/12/199820432311473624144308640511227 16/12/199818334381175692684153240310618 17/12/199823346791379353853594847315920 18/12/1998224614747330402575343811266 SALES 14/12/1998370115191139214394846534933513 15/12/199823210617473153414577
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دسمبر 29, 1998RBI Reference Rate for US $December 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 29.12.1998 as against Rs.42.52 on 28.12.1998. 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 29, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.53 on 29.12.1998 as against Rs.42.52 on 28.12.1998. 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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دسمبر 28, 1998RBI Reference Rate for US $December 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 28.12.1998 as against Rs.42.54 on 24.12.1998. 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 28, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.52 on 28.12.1998 as against Rs.42.54 on 24.12.1998. 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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دسمبر 24, 1998RBI Reference Rate for US $December 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 24.12.1998 as against Rs.42.55 on 23.12.1998. 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 24, 1998 The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.54 on 24.12.1998 as against Rs.42.55 on 23.12.1998. 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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