https://www.taxtmi.com/news?id=14196 The Reserve Bank of India publishes a daily Reference Rate for the US Dollar that serves as the benchmark for rupee valuations. Using that reference and middle cross currency quotes, the RBI provides corresponding rupee exchange rates for the euro, pound sterling and Japanese yen. The SDR Rupee rate is expressly stated to be based on this reference rate, confirming its use for official currency conversion. en-us Tue, 17 Mar 2015 14:00:47 +0530 Tue, 17 Mar 2015 14:00:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14196 The Reserve Bank of India publishes a daily Reference Rate for the US Dollar that serves as the benchmark for rupee valuations. Using that reference and middle cross currency quotes, the RBI provides corresponding rupee exchange rates for the euro, pound sterling and Japanese yen. The SDR Rupee rate is expressly stated to be based on this reference rate, confirming its use for official currency conversion. News - Tue, 17 Mar 2015 14:00:47 +0530 https://www.taxtmi.com/news?id=14196