RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.2355 and the Reference Rate for Euro is `70.4602 on December 15, 2011. The corresponding rates for the previous day (December 14, 2011) were `53.5770 and `69.8925 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 : 2011-2012/942