Small Businesses
Small Businesses are increasing their payrolls, but hours worked and wages earned are down slightly.Reuters

The Reserve Bank of India Friday fixed the reference rate for the U.S. dollar at 51.4310 rupees and the euro 66.1743 rupees.

The corresponding rates of dollar and euro for the previous day (January 12, 2012) were 51.8290 rupees and 65.9013 rupees respectively.

Based on the reference rate for the U.S. dollar and middle rates of the cross-currency quotes, the exchange rates of British pound as against the rupee is 79.1009 as against 82.7111 on the previous day (January 12, 2012) and that of Japanese yen is 67.05 as against 67.90 the previous day.