Tag Archives: RBI Reference Rate

RBI Reference Rate-Revised Methodology

Computation and Dissemination of RBI Reference Rate-Revised Methodology The Reserve Bank of India (RBI) compiles and publishes on a daily basis the Reference Rate for Spot USD/INR. Under the existing methodology, the rate is arrived at through a polling process involving rates obtained from select banks. RBI had constituted a Committee on Financial Benchmarks (Chairman:… Read More »