RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `48.8210 and the Reference Rate for Euro is `69.2853 on October 28, 2011.The corresponding rates for the previous day (October 25, 2011) were `49.6598 and `69.1510 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: 2011-2012/657