RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `47.8900 and the Reference Rate for Euro is `65.6372 on September 21, 2011. The corresponding rates for the previous day (September 20, 2011) were `48.2225 and `65.6462 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: 2011-2012/446