RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.58.8415 and the Reference Rate for Euro is Rs.80.0315 on May 29, 2014. The corresponding rates for the previous day (May 28, 2014) were Rs.59.0770 and Rs.80.5300 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