RBI Released February 27 Reference Rate for USD and Euro

OREANDA-NEWS. February 27, 2012. The Reserve Bank of India's Reference Rate for the US dollar is 49.0475 and the Reference Rate for Euro is 65.8900 on February 27, 2012. The corresponding rates for the previous day (February 24, 2012) were 49.0650 and 65.5701 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.