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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `58.426 and the Reference Rate for Euro is `80.117 on May 19, 2014. The corresponding rates for the previous day (May 16, 2014) were `58.861 and `80.7166 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Currency

Date

May 16, 2014

May 19, 2014

1 GBP

98.8217

98.2842

100 YEN

57.97

57.67

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/2240

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