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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.9340 and the Reference Rate for Euro is `69.9335 on November 12, 2012. The corresponding rates for the previous day (November 9, 2012) were `54.3400 and `69.4274 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 9 2012

86.9685

68.31

November 12, 2012

87.3835

69.13

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

J.D. Desai
Assistant Manager

Press Release: 2012-2013/799

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