January 6, 2016
Show AI Summary
Reference rate for US dollar published; exchange rates for euro, pound and yen derived and SDR rupee linked.
The Reserve Bank of India published the daily reference rate for the US dollar, showing its movement from the prior day and establishing the benchmark for rupee valuation. Using that US dollar reference and middle cross currency rates, the RBI provided derived exchange rates for the euro, pound sterling and yen, and specified that the SDR Rupee rate will be based on the published reference rate.