RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.62.0720 and the Reference Rate for Euro is Rs. 85.0285 on February 28, 2014. The corresponding rates for the previous day (February 26, 2014) were Rs. 61.9380 and Rs. 85.1148 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Note : The SDR-Rupee rate will be based on the reference rate.

Sucheta Vazkar
Manager