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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `48.8210 and the Reference Rate for Euro is `69.2853 on October 28, 2011.The corresponding rates for the previous day (October 25, 2011) were `49.6598 and `69.1510 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

October 25, 2011

79.3862

65.28

October 28, 2011

78.5676

64.36

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/657

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