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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `62.2430 and the Reference Rate for Euro is `84.8185 on January 8, 2014. The corresponding rates for the previous day (January 7, 2014) were `62.3790 and `84.9720 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

January 7, 2014

January 8, 2014

1 GBP

102.2454

102.1719

100 YEN

59.71

59.34

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1371

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