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Direct Exchange Rates - SBI
Publish Date : 1/22/2007 11:22:00 AM Source : Business News ExpressNewsline.com
following are the direct rates of exchange (dre) as announced by the state bank of india here today. (all rates in rupees per unit) Currency cross rates selling buying U s dlr 44.13/44.43 44.50/44.59 44.09/44.06 Gbp 1.9725/1.9775 88.00/88.18 86.97/86.91 Can dlr 1.1700/1.1750 38.03/38.11 37.52/37.50 Euro 1.2950/1.3000 57.85/57.97 57.10/57.06 Swis fr 1.2450/1.2500 35.74/35.82 35.27/35.25 Jap yen* 121.04/121.59 36.76/36.84 36.26/36.24 Danish kr 5.7250/5.7600 7.77/7.79 7.65/7.65 Nor kr 6.4250/6.4650 6.93/6.94 6.82/6.82 Swed kr 7.0000/7.0400 6.36/6.37 6.26/6.26 Aud 0.7875/0.7925 35.27/35.34 34.72/34.70 Nzd 0.6925/0.6975 31.04/31.10 30.53/30.51 Sing dlr 1.5350/1.5400 28.99/29.05 28.63/28.61 Hk dlr 7.8050/7.8100 5.70/5.71 5.65/5.64 In selling and buying the first rate is for tt and next is for bill. (*100 units of foreign curreny. All other currencies in unit of one).
(All rates in rupees per unit) TRAVELLERS CHEQUES CURRENCY SELLING BUYING U.S.Dollar 44.70 43.70 Sterling 88.45 85.95 Canadian Dlr 38.20 37.10 Euro 58.15 56.55 Swiss Franc 35.90 34.95 Japanese Yen 36.95 35.95 Danish Kr 7.80 7.60 Norwegian Kr 6.95 6.75 Swedish Kr 6.40 6.20 Australian Dlr 35.45 34.30 New Zealand Dlr 31.20 30.15 Singapore Dlr 29.15 28.35 Hong Kong dlr 5.75 5.60 The above rates should be applied on firm basis transations less than Rs.10 lacs. For transactions of Rs.10 lacs and over the above rates should be applied on a provisional basis only. Application of these rates will be made as per circulars issued from time to time.
W.E.F. 01.01.1996, Under the revised acu mechanism, 1 acu dollar = 1 us dollar. Usd card rates to be applied on firm basis for all transactions in acu dollars below the equivalent of Rs 10 lacs.
Indo-Australia committed to resolve agri-trade issues
Publish Date : 3/3/2007 7:21:00 AM
The agri-trade has become a very contentious issue in the World Trade Organisation (WTO), but India and Australia have agreed to resolve issues coming in the way of trade in agricultural goods by setting up a mechanism.
RBI to absorb more liquidity to contain inflation
Publish Date : 3/3/2007 7:11:00 AM
In a bid to further contain inflation, Reserve Bank of India today announced a modified market stabilisation scheme (MSS) and liquidity adjustment facility (LAF) to suck out Rs 11,500 crore from the system.
Gold and Silver prices turn distinctly weak
Publish Date : 3/3/2007 7:03:00 AM
Both the precious metals today turned distinctly weak on the bullion market as silver plunged by Rs 570 and gold by Rs 155 on heavy stockists offerings tiggered by sharp fall in the global markets.
Further fall in gold and silver prices
Publish Date : 3/2/2007 7:06:00 AM
Both the precious metals continued to decline on the bullion market here today on sustained offering from stockists in view of fall in the international markets.
Rupee ends marginally up at 44.26/27 a dollar
Publish Date : 3/2/2007 7:03:00 AM
The rupee today ended marginally higher at Rs 44.26/27 a dollar, supported by a smart recovery on equity markets coupled with fresh exporters' dollar sales.
Hyundai domestic sales up 74 pc in Feb
Publish Date : 3/2/2007 7:01:00 AM
Hyundai Motor India today reported a 74 per cent increase in its domestic vehicle sales during February at 15,459 units compared to the same month last year.
Hutchison Telecom files caveat fearing legal move by Essar
Publish Date : 3/2/2007 6:59:00 AM
Hong Kong-based Hutchison Telecom has filed a caveat before the Bombay High Court to ensure that its plea is heard in case Essar moves the court, challenging the the foreign partner's decision to sell stake to Vodafone.
Skoda slashes car prices up to Rs 24,000
Publish Date : 3/2/2007 6:56:00 AM
As car makers Maruti and Hyundai announced a hike in prices, luxury car maker Skoda Auto today slashed prices across all models by up to Rs 24,000 citing reduction in customs duty on imported car parts in the Budget.
Bond prices continue to decline
Publish Date : 3/1/2007 8:30:00 AM
Government bond prices continued to decline on persistent selling while call rates eased in view of ample liqudity in the system.
India should be more conscious of global developments: RBI
Publish Date : 3/1/2007 8:19:00 AM
The Reserve Bank of India today said the steep fall in Indian stock markets was a contagious effect of plunge in overseas bourses and the country should have strong market and regulatory mechanism to avoid disruption in markets.
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