RBI Reference Rate for US $ and Euro

By RBI
Wednesday, December 29, 2010

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.12 and the Reference Rate for Euro is ` 59.22 on December 29, 2010. The corresponding rates for the previous day (December 28, 2010) were ` 45.17 and ` 59.75 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 28, 2010

69.8870

54.80

December 29, 2010

69.4284

54.87

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 : 2010-2011/912

Filed under: Finance

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