https://www.taxtmi.com/forum/issue?id=106174 The Reserve Bank compiles daily reference rates for spot US Dollar-Rupee and Euro-Rupee by averaging mean bid/offer rates polled from select banks chosen for standing and market share. The revised procedure polls banks within a randomly chosen five minute window between 10:30 a.m. and 12:30 p.m. on weekdays, publishes rates with increased decimal precision, and issues a daily press release at 1:00 p.m. en-us Wed, 16 Oct 2013 06:32:00 +0530 Thu, 23 Jan 2025 15:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106174 The Reserve Bank compiles daily reference rates for spot US Dollar-Rupee and Euro-Rupee by averaging mean bid/offer rates polled from select banks chosen for standing and market share. The revised procedure polls banks within a randomly chosen five minute window between 10:30 a.m. and 12:30 p.m. on weekdays, publishes rates with increased decimal precision, and issues a daily press release at 1:00 p.m. Discussion-Forum Companies Law Wed, 16 Oct 2013 06:32:00 +0530 https://www.taxtmi.com/forum/issue?id=106174