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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `60.0540 and the Reference Rate for Euro is `83.0738 on May 9, 2014. The corresponding rates for the previous day (May 8, 2014) were `59.9913 and `83.4805 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 8, 2014

 May 9, 2014

1 GBP

101.7512

101.6534

100 YEN

58.96

59.06

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

Ajit Prasad
Assistant General Manager

Press Release: 2013-2014/2175

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