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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `58.8415 and the Reference Rate for Euro is `80.0315 on May 29, 2014. The corresponding rates for the previous day (May 28, 2014) were `59.0770 and `80.5300 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 28, 2014

May 29, 2014

1 GBP

99.2021

98.4065

100 YEN

57.98

57.85

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/2316

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