Business News – Newsletter for March 23, 2011

RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.96 and the Reference Rate for Euro is ` 63.68 on March 23, 2011. The corresponding rates for the previous day (March 22, 2011) were ` 44.97 and ` 63.98 respectively. Based on the Reference Rate for US … Read the original article on Gaea Times at : RBI Reference Rate for US $ and Euro.

Liquidity Adjustment Facility : Auction Results

The results of the RBI Repo/Reverse Repo auctions held on March 23, 2011 are:

Amount (face value in ` crore)                        

Item

1 day Reverse Repo Auction (Sale of securities by RBI)

1 day Repo Auction 
…. Source  : Gaea News Network.

Money Market Operations as on March 22, 2011

… Read this article on Gaea Times at : Money Market Operations as on March 22, 2011.

Results of Auctions of 10-year State Development Loans, 2021 of Three State Governments

The Results of the auctions of 10-year State Development Loans, 2021 for Three State Governments held on March 22, 2011.

(` in crore)            

Manipur

Mizoram

Tripura

Total

Notified Amount 

77.000

76.650

65.000

218.650

Underwriting Notified Amount

Nil

Nil

Nil

Nil

Competitive Bids Received
 (i) No.
…. Original article  : Results of Auctions of 10-year State Development Loans, 2021 of Three State Governments.

Second Liquidity Adjustment Facility : Auction Results

The results of the RBI Repo/Reverse Repo auctions held on March 22, 2011 are:

                                                                                                            Amount (face value in … Read : Second Liquidity Adjustment Facility : Auction Results.