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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `49.0475 and the Reference Rate for Euro is `65.8900 on February 27, 2012. The corresponding rates for the previous day (February 24, 2012) were `49.0650 and `65.5701 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

February 24, 2012

77.1891

61.00

February 27, 2012

77.7795

60.54

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

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/1373

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