September 9, 2015
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Reference rate for US dollar updated, affecting euro, pound and yen exchange rates against the rupee and SDR rupee computation.
The Reserve Bank of India published an updated reference rate for the US dollar fixing the rupee value on September 9, 2015, and provided the previous day's rate; it then used that USD reference rate with middle rates of cross currency quotes to compute and publish rupee exchange rates for the euro, pound sterling and Japanese yen, and stated that the SDR Rupee rate will be based on the reference rate.