Reserve Bank Of India

The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on October 19, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 26, 2011 to September 26, 2011.

The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 7.80% Government Stock, 2021 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on October 14, 2011 are :

The Reserve Bank is releasing provisional aggregate monthly data on India's international trade in services with a lag of 45 days. Accordingly, the data for the month of July 2011 were released on September 15, 2011.

The Reserve Bank of India’s Reference Rate for the US dollar is `49.0675 and the Reference Rate for Euro is `67.7248 on October 14, 2011. The corresponding rates for the previous day (October 13, 2011) were `49.0228 and `67.5553 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: