https://www.taxtmi.com/news?id=20051 Publication of the Reference Rate for the US dollar establishes the base exchange rate for the rupee and serves as the operational benchmark for calculating other currency conversions. On the basis of the US dollar reference rate and prevailing middle rates of cross currency quotations, the rupee exchange rates for the euro, pound sterling and Japanese yen are computed and published, and the SDR rupee rate is specified to be derived from that published reference rate. en-us Fri, 18 May 2018 14:17:13 +0530 Fri, 18 May 2018 14:17:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20051 Publication of the Reference Rate for the US dollar establishes the base exchange rate for the rupee and serves as the operational benchmark for calculating other currency conversions. On the basis of the US dollar reference rate and prevailing middle rates of cross currency quotations, the rupee exchange rates for the euro, pound sterling and Japanese yen are computed and published, and the SDR rupee rate is specified to be derived from that published reference rate. News - Fri, 18 May 2018 14:17:13 +0530 https://www.taxtmi.com/news?id=20051