RBI reference rate methodology

I want to know about the RBI reference rates available in the bank

As you saying that you want to know about the RBI reference rates available in the bank

Reserve bank of India everyday publishes reference rate for spot USD/INR and spot EUR/INR.

Bank modified methodology for calculating the reference rates released on 24th June .
It’s now decides the rates are select from list of contributing banks.
After polling it randomly choose from five minute window between 11.45 am and 12.15 pm every week day.
For other information about the reference rate methodology uploading a PDF file

http://studychacha.com/discuss/attac...rence-rate.pdf

Address:

RBI
Central Office Building,
Shahid Bhagat Singh Road,
Mumbai, Maharashtra 400001
India ‎
022 2757 8012 ‎

Map Location:

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Answered By StudyChaCha Member