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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `54.7723 and the Reference Rate for Euro is `70.4605 on May 16, 2013. The corresponding rates for the previous day (May 15, 2013) were `54.7835 and `70.7189 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 15, 2013

May 16, 2013

1 GBP

83.3805

83.3141

100 YEN

53.55

53.50

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

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/1910

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