The Reserve Bank has today released data on Reserve Money (rbidocs.rbi.org.in/rdocs/content/docs/IEPR490RM0911.xls) for the week ended September 23, 2011.
The Reserve Bank of India’s Reference Rate for the US dollar is `48.9120 and the Reference Rate for Euro is `66.4313 on September 28, 2011.The corresponding rates for the previous day (September 27, 2011) were `49.1775 and `66.6331 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:
The result of the RBI Repo auction held today is as under:
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