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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `55.4825 and the Reference Rate for Euro is `68.3080 on August 1, 2012. The corresponding rates for the previous day (July 31, 2012) were `55.8070 and `68.4520 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

July 31, 2012

87.6672

71.35

August 1, 2012

86.9411

71.01

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

J. D. Desai
Assistant Manager

Press Release: 2012-2013/173

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