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<h1>Reference rate for US Dollar set, with cross currency rupee rates for euro, pound and yen determined accordingly.</h1> The Reserve Bank of India published the Reference Rate for the US Dollar for March 18, 2016 and compared it with the prior day, providing an official benchmark rupee value. Based on that USD reference rate and the middle rates of cross currency quotes, the Bank supplied rupee exchange rates for the euro, pound sterling and Japanese yen. The press release states that the SDR Rupee rate will be based on the stated reference rate.
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