RBI Reference Rate for US $ and Euro

By RBI
Thursday, October 28, 2010

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.49 and the Reference Rate for Euro is ` 61.56 on October 28, 2010. The corresponding rates for the previous day (October 27, 2010) were ` 44.52 and ` 61.47 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

October 27, 2010

70.4663

54.50

October 28, 2010

70.4010

54.60

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.

Ajit Prasad
Assistant General Manager

Press Release : 2010-2011/590

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