The Reserve Bank has today released data on Reserve Money (rbidocs.rbi.org.in/rdocs/Content/DOCs/IEPR291RM240811_1.XLS) for the week ended August 19, 2011 and Money Supply (rbidocs.rbi.org.in/rdocs/Content/DOCs/IEPR291MS240811_2.XLS) for the fortnight ended August 12, 2011
The Reserve Bank of India’s Reference Rate for the US dollar is `45.7695 and the Reference Rate for Euro is `65.9745 on August 24, 2011. The corresponding rates for the previous day (August 23, 2011) were `45.6890 and ` 65.7742 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 result of the RBI Repo auctions held on August 24, 2011 are:
The Government of India have announced the sale (reissue) of "7.83 per cent Government Stock 2018” for a notified amount of `3,000 crore (nominal), "7.80 per cent Government Stock 2021" for a notified amount of `6,000 crore (nominal) and "8.28 per cent Government Stock 2027” for a notified amount of `2,000 crore (nominal) through auctions to be held on August 26, 2011. The underwriting auctions for the captioned securities will be conducted on August 25, 2011 (Thursday).
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