The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.24 and the Reference Rate for Euro is ` 63.00 on March 17, 2011. The corresponding rates for the previous day (March 16, 2011) were ` 45.18 and ` 63.13 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 16, 2011
72.5862
55.92
March 17, 2011
72.5672
57.14
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.
Ajit Prasad Assistant General Manager
Press Release : 2010-2011/1331
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