Dollar Bills Being Counted
To accept handouts is, at least initially, inwardly demeaning. You don't feel right about it. You know you can do more. Yet the cry of the Valkyries -- bills -- is demanding. If the choice is help or homelessness, you really have no choice.Reuters

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 48.9408 rupees and the euro 65.9375 rupees.

The corresponding rates of dollar and euro for the previous day (February 28, 2012) were 49.1430 rupees and 66.0625 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 77.9529 as against 77.8573 on the previous day (February 28, 2012) and that of Japanese yen is 60.94 as against 60.99 the previous day.