International Business Times
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By Raymond Ronamai | February 22, 2012 13:53 GMT

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 49.2453 rupees and the euro 65.1638 rupees.

RBI’s Reference Rate for Dollar Today

Reuters
In this day and age, starting a small business has arguably never been easier: ideas and a few thousand dollars is all you need.

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The corresponding rates of dollar and euro for the previous day (February 21, 2012) were 49.0835 rupees and 65.1705 rupees respectively.

Based on the reference rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of British pound as against the rupee is 76.7485 as against 77.7973 on the previous day (February 21, 2012) and that of Japanese yen is 61.53 as against 61.52 the previous day.

(Photo: Reuters / )
In this day and age, starting a small business has arguably never been easier: ideas and a few thousand dollars is all you need.
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