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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.2725 and the Reference Rate for Euro is `70.5470 on December 12, 2012. The corresponding rates for the previous day (December 11, 2012) were `54.3160 and `70.3615 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

December 11, 2012

87.3619

65.98

December 12, 2012

87.4276

65.66

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

Ajit Prasad
Assistant General Manager

Press Release: 2012-2013/979

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