RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `50.9010 and the Reference Rate for Euro is `68.4750 on November 16, 2011. The corresponding rates for the previous day (November 15, 2011) were `50.5645 and `68.7875 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 : 2011-2012/767