RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.60.2020 and the Reference Rate for Euro is Rs.83.5532 on May 6, 2014. The corresponding rates for the previous day (May 5, 2014) were Rs.60.0475 and Rs.83.3423 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.

S. K. Gaonkar
Assistant Manager