The Reserve Bank of India’s Reference Rate for the US Dollar is `61.6140 on January 21, 2015
The corresponding rate for the previous day (January 20.2015) was `61.8475.
Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:
1 Euro = 71.3798 The corresponding rate for the previous day (January 20.2015 ) was 71.5699
1GBP=93.4931 The corresponding rate for the previous day (January 20.2015) was 93.2660
100YEN=52.39 The corresponding rate for the previous day (January 20.2015) was 52.23
Note: The SDR-Rupee rate will be based on the reference rate.
As announced on August 7, 2014 the process of computation and dissemination of RBI reference rate has been changed with effect from September 1, 2014
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission…
The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis…
The term "accounting treatment" represents the prescribed manner or method in which an accountant records…
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…
In terms of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,…
Many methods and techniques are used in the analysis of financial statements including profit and…