The Government of India have announced the sale (re-issue) of (i) “7.83 percent Government Stock 2018” for a notified amount of `.3,000 crore (nominal), (ii) “7.80 percent Government Stock 2021” for a notified amount of `6,000 crore (nominal) and (iii) “8.30 percent Government Stock 2040” for a notified amount of `3,000 crore (nominal) through price based auctions. The auctions will be conducted using uniform price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort,  Mumbai on July 29, 2011 (Friday).

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 4, 2011 to July 8, 2011.

The Reserve Bank of India today released the Macroeconomic and Monetary Developments First Quarter Review 2011-12 (../scripts/AnnualPublications.aspx?head=Macroeconomic and Monetary Developments&fromdate=07/24/2011&todate=07/26/2011) . The document serves as a background to the Monetary Policy Statement 2011-12 to be announced on July 26, 2011. The major highlights of the document are set out below.