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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `61.9335 and the Reference Rate for Euro is `85.1235 on January 1, 2014. The corresponding rates for the previous day (December 31, 2013) were `61.8970 and `85.3635 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

December 31, 2013

January 1, 2014

1 GBP

102.0094

102.3885

100 YEN

58.97

58.83

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1322

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