Business News – Newsletter for March 21, 2011

RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.05 and the Reference Rate for Euro is ` 63.81 on March 21, 2011. The corresponding rates for the previous day (March 18, 2011) were ` 45.09 and ` 63.43 respectively. Based on the Reference Rate for US … Original article on : RBI Reference Rate for US $ and Euro.

Liquidity Adjustment Facility : Auction Results

The results of the RBI Repo/Reverse Repo auctions held on March 21, 2011 are:

Amount (face value in ` crore)                        

Item

1 day Reverse Repo Auction
(Sale of securities by RBI)

1 day Repo Auction 
… Read more : Liquidity Adjustment Facility : Auction Results.

Money Market Operations as on March 18, 2011

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