The results of the RBI Repo/Reverse Repo auctions held on March 16, 2011 are:
The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.18 and the Reference Rate for Euro is ` 63.13 on March 16, 2011. The corresponding rates for the previous day (March 15, 2011) were ` 45.27 and ` 63.08 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:
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