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<h1>Reference Rate publication: RBI updates USD and Euro exchange benchmarks, affecting cross currency rates and SDR Rupee basis.</h1> The Reserve Bank of India published Reference Rate benchmarks for the US dollar and the Euro on January 13, 2014, noting prior day comparisons. It provided derived exchange rates for the British pound and the Japanese yen based on the USD reference rate and middle cross currency quotes, and specified that the SDR Rupee rate will be calculated on the basis of the reference rate.
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