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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `58.4830 and the Reference Rate for Euro is `79.8058 on May 23, 2014. The corresponding rates for the previous day (May 22, 2014) were `58.5740 and `80.0500 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 22, 2014

May 23, 2014

1 GBP

98.8788

98.6725

100 YEN

57.62

57.57

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

Ajit Prasad
Assistant General Manager

Press Release: 2013-2014/2273

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