RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `48.9253 and the Reference Rate for Euro is `66.6458 on September 29, 2011. The corresponding rates for the previous day (September 28, 2011) were `48.9120 and `66.4313 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: 2011-2012/499