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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.4403 and the Reference Rate for Euro is `69.4755 on November 8, 2012. The corresponding rates for the previous day (November 7, 2012) were `54.2520 and `69.8325 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

November 7, 2012

87.0039

67.77

November 8, 2012

87.0010

68.12

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

Ajit Prasad
Assistant General Manager

Press Release: 2012-2013/780

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