This follows a government notification providing the RBI the option of using the euro as an additional currency for operational purposes, an RBI press release said.

With this, the RBI will be in a position to sell or buy the euro as and when it is considered necessary.

The RBI will have two more centres - Hyderabad and Nagpur - for sale and purchase of the US dollar and the euro, for delivery in New York and Frankfurt, the release added.