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<h1>Reference rate publication: RBI issued USD and Euro reference rates and derived GBP and JPY exchange rates.</h1> Reserve Bank of India published official reference rates for the US dollar and the euro on 5 August 2014, compared to the previous day's rates, and-using the US dollar reference and the middle points of cross currency quotations-provided derived rupee exchange rates for the pound sterling and the Japanese yen. The release states the SDR Rupee rate will be based on the published reference rate, making the reference rate the operative benchmark for related currency conversions.
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