RBI Released February 29 Reference Rate for USD and Euro

OREANDA-NEWS. February 29, 2012. The Reserve Bank of India's Reference Rate for the US dollar is 48.9408 and the Reference Rate for Euro is 65.9375 on February 29, 2012. The corresponding rates for the previous day (February 28, 2012) were 49.1430 and 66.0625 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Note: The SDR-Rupee rate will be based on the reference rate.