RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.4988 and the Reference Rate for Euro is ` 64.3968 on July 5, 2011. The corresponding rates for the previous day (July 4, 2011) were ` 44.4595 and ` 64.6250 respectively. Based on the Reference Rate for the US dollar and 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

Press Release : 2011-2012/24