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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `49.3800 and the Reference Rate for Euro is `67.8411 on November 8, 2011. The corresponding rates for the previous day (November 4, 2011) were `49.0840 and `67.7910 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 4, 2011

78.6522

62.85

November 8, 2011

79.1981

63.27

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

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/711

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