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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `62.4075 and the Reference Rate for Euro is `85.1950 on January 3, 2014. The corresponding rates for the previous day (January 2, 2014) were `61. 9020 and `85.1556 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

January 2, 2014

January 3, 2014

1 GBP

102.7418

102.5355

100 YEN

58.79

59.90

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

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1340

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