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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `60.0399 and the Reference Rate for Euro is `83.5840 on May 7, 2014. The corresponding rates for the previous day (May 6, 2014) were `60.2020 and `83.5532 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

May 6, 2014

May 7, 2014

1 GBP

101.6752

101.9658

100 YEN

59.00

59.17

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/2156

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