Press Releases - ربی - Reserve Bank of India

The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of M/s. Ways India Ltd. up to 40 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 resolutions at its Board of Directors' Meeting and a special resolution in the General Body Meeting to this effect. P.V. Sadanandan As

October 24, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.43 on 24.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN23 October 200046.380067.473638.994042.5824 October 200046.430067.486038.792342.9000Note : The reference rate is based on 12 noon rates of a few select banks

October 23, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.38 on 23.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN20 October, 2000 46.340067.044739.182842.7123 October, 200046.380067.473638.994042.5800Note : The reference rate is based on 12 noon rates of a few select ba

October 20, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.34 on 20.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN19 October 200046.330067.011738.933443.0020 October 200046.340067.044739.182842.7100Note : The reference rate is based on 12 noon rates of a few select banks

MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES3.10.200041719863244116171,08811430310874.10.2000269282741364651,208633146315.10.2000354524061784181,47411726464206.10.2000227713371064171,3381283043619SALES3.10.20003491772724396251,07011132411674.10.2000213115109865181,116523296915.10.20003061003261664211,4898928164196.10.20002689427974051,2751453123623

The Reserve Bank of India has on October 20, 2000 notified that no further purchases of shares of M/s.Hughes Tele.com (India) Ltd. should be made on behalf of foreign institutional investors (FIIs)/NRIs/OCBs/PIOs under the portfolio investment scheme without prior permission of the Reserve Bank. The Reserve Bank has stated that M/s.Hughes Tele.com (India) Ltd. has reached the trigger limit of 47 per cent of its paid up equity capital. Alpana Killawala General ManagerP

October 19, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.33 on 19.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN18 October, 2000 46.330067.164639.653842.8919 October, 200046.330067.011738.933443.0000Note : The reference rate is based on 12 noon rates of a few select ba

October 18, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.33 on 18.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DATECURRENCY 1 USD1 GBP1 EURO100 YEN17 October 200046.360067.006439.355042.8618October 200046.330067.164639.653842.8900Note : The reference rate is based on 12 noon rates of a few select banks

October 17, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.36 on 17.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN16 October 200046.320067.159439.557342.920017 October 200046.360067.006439.355042.8600Note : The reference rate is based on 12 noon rates of a few select ban

October 16, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.32 on 16.10.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN13 October 200046.380068.338640.077043.1116October 200046.320067.159439.557342.9200Note : The reference rate is based on 12 noon rates of a few select banks