Reserve bank india foreign exchange rates

Posted: Ali Kapone Date: 30.06.2017

Reserve Bank of India RBI plays a key role in monitoring and controlling foreign exchange transactions.

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Apart from performing due diligence of every foreign transaction, it also takes steps to control value of India Rupee. By participating in the Foreign Exchange trades, every day Reserve Bank of India sets reference price of India Rupees against US Dollars. Today's reference exchange rate of Indian Rupees for an US Dollar along with history of past few weeks reference rates are shown below.

Reserve Bank of India - Wikipedia

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reserve bank india foreign exchange rates

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Guides and moderates USD exchange rates Sets daily reference rates Controls everything related to banks in Inda. Receivers in India can get the money with one of the following options Bank Account Demand Draft Cash Pickup Check.

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reserve bank india foreign exchange rates

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