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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `59.0585 and the Reference Rate for Euro is `80.6048 on May 27, 2014. The corresponding rates for the previous day (May 26, 2014) were `58.5873 and `79.8140 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 26, 2014

May 27, 2014

1 GBP

98.6610

99.6140

100 YEN

57.48

57.97

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

Ajit Prasad
Assistant General Manager

Press Release: 2013-2014/2297

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