RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.3695 and the Reference Rate for Euro is ` 65.3355 on August 17, 2011. The corresponding rates for the previous day (August 16, 2011) were ` 45.2490 and ` 65.0620 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.

J. D. Desai
Assistant Manager

Press Release : 2011-2012/255