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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 53.3375 and the Reference Rate for Euro is ` 69.0680 on May 10, 2012. The corresponding rates for the previous day (May 9, 2012) were ` 53.4600 and ` 69.4005 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:

Date

Currency

1 GBP

100 JPY

May 9, 2012

86.2711

67.00

May 10, 2012

86.1081

66.93

Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1783

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