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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `50.2795 and the Reference Rate for Euro is `68.4460 on November 11, 2011. The corresponding rates for the previous day (November 9, 2011) were `49.7810 and `68.8169 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

November 9, 2011

80.1051

64.16

November 11, 2011

80.0776

64.83

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/732

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