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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `53.7798 and the Reference Rate for Euro is `69.7105 on November 1, 2012. The corresponding rates for the previous day (October 31, 2012) were `54.1175 and `70.1495 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 31, 2012

87.0751

67.99

November 1, 2012

86.7683

67.25

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

J.D. Desai
Assistant Manager

Press Release: 2012-2013/735

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