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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `61.9045 and the Reference Rate for Euro is `85.1365 on March 04, 2014. The corresponding rates for the previous day (March 03, 2014) were `61.8605 and `85.3085 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

March 03, 2014

March 04, 2014

1 GBP

103.5235

103.2567

100 YEN

61.01

60.84

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

Sucheta Vazkar
Manager

Press Release : 2013-2014/1740

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