The Reserve Bank of India’s Reference Rate for the US dollar is `58.8610 and the Reference Rate for Euro is `80.7166 on May 16, 2014. The corresponding rates for the previous day (May 15, 2014) were `59.4745 and `81.5526 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:

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

Sucheta Vazkar
Manager

Press Release : 2013-2014/2224