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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.1600 and the Reference Rate for Euro is `70.9980 on May 08, 2013. The corresponding rates for the previous day (May 07, 2013) were `54.2770 and `70.9996 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 07, 2013

May 08, 2013

1 GBP

84.3193

83.8803

100 YEN

54.84

54.77

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

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/1856

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