RBI Reference Rate for US dollar and Euro
Aug 31, 9:47 AM EST |
|
| Reference Rate for the US dollar is Rs.44.0400 and Reference Rate for Euro is Rs.53.8000 on August 31,2005. |
|
| The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.0400 and the Reference Rate for Euro is Rs.53.8000 on August 31,2005. The corresponding rates for the previous day (August 30,2005) were Rs.44.0200 and Rs.53.7900 respectively. |
|
|
Full Story... |
RBI Annual Report 2004-05: Highlights
Aug 29, 9:52 AM EST |
|
| The Reserve Bank of India released its Annual Report for 2004-05. |
|
| At the end of 2004-05, India’s foreign exchange reserves were US $ 141.5 billion, surpassing the level of India’s external debt. |
|
|
Full Story... |
364- day Treasury Bills auction :
Aug 27, 9:55 AM EST |
|
| Rs.1000 crore under regulation auction, Rs.1000 crore under MSS |
|
| The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount Rs.2000 crore (Rs.1000 crore under the regular auction calendar and Rs.1000 crore under the Market Stabilisation Scheme (MSS). The auction will be conducted using ''Multiple Price Auction'' method. |
|
|
Full Story... |
91- day Treasury Bills Auction :
Aug 27, 9:57 AM EST |
|
| Rs.500 crore under regular auction, Rs.3500 crore under MSS |
|
| The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount Rs.4000 crore (Rs.500 crore under the regular auction calendar and Rs.3500 crore under the Market Stabilisation Scheme (MSS). The auction will be conducted using '' Multiple Price Auction'' method. |
|
|
Full Story... |
Revised Schedule for Auctions of Treasury Bills
Aug 27, 10:07 AM EST |
|
| It may be recalled that on March 25, 2004 a Memorandum of Understanding (MoU) between the Govt of India and the RBI was signed for launching of MSS. |
|
| A reference is invited to the Press Release No. 2004-2005/1385 dated June 29, 2005 announcing the Quarterly Indicative Schedule for Issuance of Bills/Bonds under Market Stabilisation Scheme (MSS) for the period July 1, 2005 to September 30, 2005. |
|
|
Full Story... |
Rs.100 with additional-new security features
Aug 24, 10:16 AM EST |
|
| The RBI will shortly issue Rs.100 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the sign of Governor |
|
| The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the salient additional/new security features of the Rs.100 banknotes are as under : |
|
|
Full Story... |
Rs.50 with additional-new security features
Aug 24, 10:19 AM EST |
|
| The RBI will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the sign of Governor |
|
| The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the salient additional/new security features of the Rs.50 banknotes are as under : |
|
|
Full Story... |
Payment in Foreign Currency not insisted upon
Aug 23, 10:26 AM EST |
|
| It has been brought to the notice of the RBI that some of the service providers like hotels etc. quote differential tariff for foreigners in in US$ |
|
| Earlier, under Foreign Exchange Regulation Act (FERA), 1973, the Government of India had issued a Notification dated August 20, 1981, requiring foreign tourists visiting India to make payment in foreign exchange. However, the FERA, 1973 has already been repealed. The current regime of foreign exchange regulations is framed under FEMA, 1999 which has come into effect from June 1, 2000. |
|
|
Full Story... |
GoI announce sale of dated security under MSS
Aug 23, 10:30 AM EST |
|
| Government of India announces the sale (re-issue) of dated security under Market Stabilisation Scheme through price based auction |
|
| The Government of India have announced the sale (re-issue) of ""11.90 percent Government Stock 2007"" under Market Stabilisation Scheme for a notified amount of Rs.6,000 crore through a price based auction using multiple price auction method. The auction will be conducted by the Reserve Bank of India (RBI) at Mumbai on Thursday, August 25, 2005. |
|
|
Full Story... |
182 Day Treasury Bills Auction :
Aug 19, 7:04 AM EST |
|
| Rs.500 crore under regular auction, Rs.1000 crore under MSS |
|
| The Reserve Bank of India has announced the auction of 182 day Government of India treasury bills for a notified amount of Rs.1500 crore. Of this amount, Rs.500 crore will be auctioned under the regular auction calendar and Rs.1000 crore under the Market Stablisation Scheme (MSS). |
|
|
Full Story... |
|
|
1
