RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `50.0670 and the Reference Rate for Euro is `69.0350 on October 21, 2011.The corresponding rates for the previous day (October 20, 2011) were `49.7110 and `68.0541 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 : 2011-2012/629