The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold.(File Nov 12, 2020 · The central bank bought a net $8.17 billion in the foreign exchange market in September, well above the $5.30 billion it purchased the previous month, a monthly bulletin by the Reserve Bank of Sep 03, 2020 · The RBI's earning from Rs 35.40 lakh crore of forex reserves is just 2.65 per cent as revealed in the annual report 2019-20. The two big revenue generating assets in the RBI's balance sheet are Oct 11, 2020 · The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold See full list on toppr.com The scheme envisaged is within the scope of RBI Master Circular dated 01.07.2013 (updated as on 17.07.2014) under Liberalized Remittance Facility for Resident Indians, which permits forex outward remittance upto USD 1,25,000/-per calendar year within sub-limits for designated purposes under the scheme, covering both Capital and Current Account
Oct 23, 2019 · 21. Can forex pre-paid cards be used at Duty Free Shops located at International Airports in India? Yes, forex pre-paid cards can be used at Duty Free Shops located at International Airports in India in the same manner as foreign currency notes / travellers’ cheques. 22. What is the position of Papua New Guinea Paper Banknotes?
Oct 23, 2020: Foreign Exchange Turnover Data: August 31 - September 04, 2020: 302 kb: Foreign Exchange Turnover Data: September 07- September 11, 2020 Apr 08, 2020 · MUMBAI: The Reserve Bank of India’s (RBI) move to open up trading in foreign exchange derivative products for all investors at home may not find takers immediately in view of the coronavirus crisis, but the bold step could help shift the centre of gravity in currency trades from overseas money hubs to Mumbai in the long run. Composition. Reserve Bank of India Act and the Foreign Exchange Management Act, 1999 set the legal provisions for governing the foreign exchange reserves. Reserve Bank of India accumulates foreign currency reserves by purchasing from authorized dealers in open market operations. April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. Jun 28, 2019 · RBI has maintained certain rules and regulations regarding forex trading. Investors must abide by the rules as the main objective behind these rules is to protect our people and country from loss. Before step into the main subject, according to RBI whether forex trading in India is legal or not, a basic background history regarding forex Nov 03, 2020 · RBI looking to diversify investment options for forex reserves: Report RBI to extend trading hours to 3:30 pm from 2 pm starting November 9 Rupee slumps 30 paise to 74.40 against the US dollar in early trade Forex reserves surge $5.4 billion to all-time high of $560.5 billion Apr 07, 2020 · RBI/2019-20/210 A.P.(DIR Series) Circular No. 29. April 7, 2020. To, Authorised Dealers Category – I. Madam / Sir, Risk Management and Inter-bank Dealings – Hedging of foreign exchange risk
2020-11-02
The country's foreign exchange reserves jumped by a massive USD 7.779 billion to touch a lifetime high of USD 568.494 billion in the week ended November 6, RBI data showed on Friday. RBI looking to diversify investment options for forex reserves: Report RBI to extend trading hours to 3:30 pm from 2 pm starting November 9 Rupee slumps 30 paise to 74.40 against the US dollar in early trade Forex reserves surge $5.4 billion to all-time high of $560.5 billion The Reserve Bank of India extended its dollar purchase spree in September as it likely aimed to build up foreign exchange reserves amid a global virus-induced economic downturn. It bought a net of $8.17 billion in September compared with $5.3 billion in August, show data from the RBI ’s latest monthly bulletin. New Delhi: The Reserve Bank of India recently cancelled licences of 19 foreign exchange dealers. In an effort to ensure India’s compliance with Financial Action Task Force norms on money laundering, the central bank reportedly cancelled licences of 19 FOREX dealers who allegedly issued huge foreign currencies in cash to some high net-worth individuals. RBI has also liberalised forex trading by allowing banks to trade in offshore markets RBI has also liberalised forex trading by allowing banks to trade in offshore markets RBI logo | ANI File Photo Mumbai: Indian banks will be allowed to trade in the offshore currency market in a step toward liberalizing foreign-exchange trading. Capital India Finance Ltd (CIFL) on Thursday said it has received Authorised Dealer Category II licence from RBI for conducting forex business. CIFL is the first listed NBFC in India to receive
2013-09-19
Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. With this makeover, we also take a small step into social media. We will now use Twitter *RBI's Das: Uncertainty Far From Over Though Certain Businesses Getting Back To Pre-Covid Levels *Swiss Q2 GDP Down 9.3% On Year, Consensus -9.6% Coty shares slide 6% … 2013-08-19 RBI advances the OMO Purchase auction scheduled for March 30, 2020 to March 26, 2020 RBI to conduct variable rate Term Repos of ₹1,00,000 crores RBI Announces OMO Purchase of Government of India Dated Securities RBI Announces OMO Purchase of Government of India Dated Securities RBI Announces USD/INR Sell Buy Swap
Mar 25, 2019 · The forex reserve is one tool which the RBI uses to intervene in the currency market at times of abnormal volatility. Why should I care? From a common man’s perspective, this auction is expected
14 Mar 2019 In this video, Rameshwar Sir is explaining a new tool of liquidity management introduced by the RBI called as Forex Swap for UPSC Exam.