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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `50.2225 and the Reference Rate for Euro is `65.5355 on March 15, 2012. The corresponding rates for the previous day (March 14, 2012) were `49.9030 and `65.0885 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

March 14, 2012

78.1481

59.97

March 15, 2012

78.6384

59.92

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1471

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