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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `50.1245 and the Reference Rate for Euro is `66.0025 on March 19, 2012. The corresponding rates for the previous day (March 16, 2012) were `50.3130 and `65.8262 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

March 16, 2012

79.0468

60.28

March 19, 2012

79.3721

60.12

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1485

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