International Business Times
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By Raymond Ronamai | February 8, 2012 13:11 GMT

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 49.0683 rupees and the euro 65.1526 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 7, 2012) were 48.9150 rupees and 64.1188 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 78.0873 as against 77.3053 on the previous day (February 7, 2012) and that of Japanese yen is 63.65 as against 63.79 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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