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80593796

RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `60.2250 and the Reference Rate for Euro is `83.4590 on May 2, 2014. The corresponding rates for the previous day (April 30, 2014) were `60.3375 and `83.3060 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

April 30, 2014

May 2, 2014

1 GBP

101.4515

101.6839

100 YEN

58.93

58.77

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

Ajit Prasad
Assistant General Manager

Press Release: 2013-2014/2121

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