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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `59.9455 and the Reference Rate for Euro is `81.3923 on July 7, 2014. The corresponding rates for the previous day (July 4, 2014) were `59.7939 and `81.3203 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

July 4, 2014

July 7, 2014

1 GBP

102.6601

102.7826

100 YEN

58.60

58.71

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

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/42

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