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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `60.0475 and the Reference Rate for Euro is `83.3423 on May 5, 2014. The corresponding rates for the previous day (May 2, 2014) were `60.2250 and `83.4590 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 2, 2014

May 5, 2014

1 GBP

101.6839

101.3181

100 YEN

58.77

58.88

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

Ajit Prasad
Assistant General Manage

Press Release: 2013-2014/2135

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