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    <title>RBI Reference Rate for US $</title>
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    <description>The Reserve Bank published an official reference rate for the US dollar on March 1, 2017 and the preceding day&#039;s rate for comparison. Based on that USD reference rate and the middle rates of cross-currency quotes, derived exchange rates for the euro, the pound sterling and the yen against the rupee are provided. The release specifies that the SDR rupee rate will be based on the published reference rate, making the reference rate the operational benchmark for official exchange quotations.</description>
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