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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.67 and the Reference Rate for Euro is ` 63.09 on March 29, 2011. The corresponding rates for the previous day (March 28, 2011) were ` 44.78 and ` 62.96 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:

Date

Currency

1 GBP

100 YEN

March 28, 2011

71.6390

54.81

March 29, 2011

71.6283

54.70

Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai.
           The SDR-Rupee rate will be based on this rate.

J.D. Desai
Assistant Manager

Press Release : 2010-2011/1395

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