RBI Reference Rate for US $ and Euro

By RBI
Friday, December 24, 2010

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.23 and the Reference Rate for Euro is ` 59.34 on December 24, 2010. The corresponding rates for the previous day (December 23, 2010) were ` 45.02 and ` 59.12 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:

Date

Currency

1 GBP

100 YEN

December 23, 2010

69.4208

54.16

December 24, 2010

69.9256

54.50

Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai.
          The SDR-Rupee rate will be based on this rate.

R.R. Sinha
Deputy General Manager

Press Release : 2010-2011/889

Filed under: Finance

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