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  1. Revaluation Rates. Home > Rates - Revaluation Rates

  2. FEDAI was set up in 1958 as an Association of banks dealing in foreign exchange in India (typically called Authorised Dealers ADs) as a self regulatory body and is incorporated under Section 25 of The Companies Act, 1956.

  3. FEDAI - Rates- Weekly / Quarterly Average Rates. Home > Rates - Weekly / Quarterly Average Rates. Date. Weekly / Quarterly Average Rates. 5/7/2024. Weekly Average Rates July - September 2024. 28/6/2024. April - June 2024.

  4. Jan 3, 2014 · The FEDAI administers four benchmarks, viz. FEDAI Spot Fixings, FEDAI FCNR(B) Benchmark Rates, FEDAI Month end Revaluation Rates for Foreign Exchange Contracts, and FEDAI Option Volatility.

  5. Jul 30, 2022 · Key Takeaways. Formed in 1958, FEDAI is an association of banks that deal with Indian foreign exchange markets. The FEDAI is a self-regulating organization (SRO) that formulates rules around...

  6. Oct 11, 2022 · “Foreign Currency Exposure (FCE)” of an entity shall mean the gross sum of all items on the entity’s balance sheet that have impact on its profit and loss account due to movement in foreign exchange rates.

  7. This revised edition of the ICG also takes into account the recent developments like introduction of exchange traded currency derivative contracts and the FEDAI code of conduct for service providers of electronic order matching systems.

  8. Base Rates of ARRs for FCNR(B) Deposits as on June 28, 2024 ; Addition of 48 Coupon Bearing Recapitalisation Bonds to the existing G-Sec Valuation ; Newsletter for the month of June - 2024 ; Revised publication time for Adjusted & Modified MIFOR due to US Daylight Saving ; Notification on Pricing of FBIL Benchmarks - Adjusted MIFOR & Modified MIFOR

  9. FEDAI rule 5.7 states that the exchange rate shall be quoted in direct terms i.e. so many Rupees and Paise for 1 unit or 100 units of foreign currency. For example: 1 US Dollar= Rs.71.79, or 100 Japanese Yen=Rs.66.09

  10. Annual average and Year end Exchange Rate of Indian Rupee vis-a-vis The SDR, USD, GBP, EUR and JPY, annual average and year end rates. Source RBI Handbook of Statistics on the Indian Economy 2018-19.

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