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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `53.8400 and the Reference Rate for Euro is `69.1730 on May 15, 2012. The corresponding rates for the previous day (May 14, 2012) were `53.7118 and `69.2260 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

May 14, 2012

86.3444

67.10

May 15, 2012

86.7201

67.41

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

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/1808

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