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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `61.8605 and the Reference Rate for Euro is `85.3085 on March 03, 2014. The corresponding rates for the previous day (February 28, 2014) were `62.0720 and `85.0285 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

February 28, 2014

March 03, 2014

1 GBP

103.6106

103.5235

100 YEN

60.99

61.01

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

Sucheta Vazkar
Manager

Press Release : 2013-2014/1731

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