RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 58.426 and the Reference Rate for Euro is Rs. 80.117 on May 19, 2014. The corresponding rates for the previous day (May 16, 2014) were Rs. 58.861 and Rs. 80.7166 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.

Ajit Prasad

Assistant General Manager