The Reserve Bank of India has today released the data on Overseas Direct Investment (rbidocs.rbi.org.in/rdocs/content/docs/ODI12072011.xls) , both under Automatic Route and the Approval Route, for the month of June 2011.
The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.6878 and the Reference Rate for Euro is ` 62.2589 on July 12, 2011. The corresponding rates for the previous day (July 11, 2011) were ` 44.3705 and ` 62.9578 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:
The results of the RBI Repo/Reverse Repo auctions held on July 12, 2011 are: