https://www.taxtmi.com/news?id=12354 The central bank's published Reference Rate sets benchmark exchange rates for the US dollar and the Euro for the reporting date, with comparative previous-day figures. Cross-currency middle rates are used to derive exchange rates for other currencies, as exemplified by sterling and yen conversions against the rupee. The release states that the SDR-Rupee rate will be based on the published reference rate, designating these figures as the official basis for market and administrative exchange calculations. en-us Thu, 06 Feb 2014 13:10:13 +0530 Thu, 06 Feb 2014 13:10:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12354 The central bank's published Reference Rate sets benchmark exchange rates for the US dollar and the Euro for the reporting date, with comparative previous-day figures. Cross-currency middle rates are used to derive exchange rates for other currencies, as exemplified by sterling and yen conversions against the rupee. The release states that the SDR-Rupee rate will be based on the published reference rate, designating these figures as the official basis for market and administrative exchange calculations. News - Thu, 06 Feb 2014 13:10:13 +0530 https://www.taxtmi.com/news?id=12354