FBIL reference rate
The USD/INR, EUR/INR, GBP/INR and JPY/INR reference rates computed by Financial Benchmarks India Private Limited from transactions in a random 15-minute window between 11.30 and 12.30 hours, published around 13.30 hours…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series I← All terms