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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `59.7225 and the Reference Rate for Euro is `81.5415 on July 3, 2014. The corresponding rates for the previous day (July 2, 2014) were `59.9745 and `82.0220 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

July 2, 2014

July 3, 2014

1 GBP

102.8982

102.4539

100 YEN

59.05

58.62

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

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/22

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