Definition of selfâinterest for English Language Learners. : 1  concern only for getting what you want or need and not about what happens to other people. : 2  your own interest or advantage.
RBI is a member of the Reed Elsevier Group plc (NYSE:RUK) (NYSE:ENL) -- a world-leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors. Tommy Landson went 3 for 4 with RBI and Chris Jensen drove in two runs for UCLA (13-34, 2-15).
Officially, the Indian rupee has a market-determined exchange rate. However, the RBI trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate. This is sometimes called a managed float. Other rates (such as the EUR/INR and INR/JPY) have the volatility typical of floating exchange rates, and often create persistent arbitrage opportunities against the RBI.