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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `55.5230 and the Reference Rate for Euro is `70.2025 on September 7, 2012. The corresponding rates for the previous day (September 6, 2012) were `55.9735 and `70.6140 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

September 6, 2012

89.0203

71.39

September 7, 2012

88.4926

70.31

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

J.D. Desai
Assistant Manager

Press Release: 2012-2013/404

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