https://www.taxtmi.com/news?id=12716 The Reserve Bank of India's Reference Rate announcement publishes the daily benchmark exchange rates for the US dollar and Euro and derives bilateral rupee rates for other currencies (GBP, JPY) using middle cross-currency quotations; it also states that the SDR-Rupee rate will be based on this reference rate, establishing the reference rate as the operational basis for market conversions and official valuation. en-us Thu, 22 May 2014 13:10:44 +0530 Thu, 22 May 2014 13:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12716 The Reserve Bank of India's Reference Rate announcement publishes the daily benchmark exchange rates for the US dollar and Euro and derives bilateral rupee rates for other currencies (GBP, JPY) using middle cross-currency quotations; it also states that the SDR-Rupee rate will be based on this reference rate, establishing the reference rate as the operational basis for market conversions and official valuation. News - Thu, 22 May 2014 13:10:44 +0530 https://www.taxtmi.com/news?id=12716