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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `55.3820 and the Reference Rate for Euro is `69.4760 on August 24, 2012. The corresponding rates for the previous day (August 23, 2012) were `55.1855 and `69.1584 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Date

Currency

1 GBP

100 JPY

August 23, 2012

87.6511

70.30

August 24, 2012

87.7971

70.47

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

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/322

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