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Mumbai, Oct 6: Amid the campaigning for Maharashtra Assembly polls, the BJP today termed the rumours of shifting of Reserve Bank of India offices to Delhi from Mumbai.

RBI sets rupee reference rate at Rs 65.9255 against dollar

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Buy and sell foreign currency online or transfer money from India at the best currency exchange rates.FOREX Act, 1973. History. RBI APD. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act. Mumbai University Institute.

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That is why RBI allows Forex trading in INR based pairs, which is in turn traded within Indian citizens only.

Turnover is of 2.3 billion INR(Year 2010-2011).

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The role of the Reserve Bank of India (RBI) has changed from regulation and control.

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