RBI Reference Rate for US $ and Euro - RBI - Reserve Bank of India
RBI Reference Rate for US $ and Euro
January 08,2004
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.5400 and the Reference Rate for Euro is Rs.57.3600 on January 08,2004. The corresponding rates for the previous day (January 07,2004) were Rs.45.6300 and Rs.58.0700 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are:
Date |
Currency |
|
1 GBP |
100 YEN |
|
January 07,2004 |
83.0694 |
42.95 |
January 08,2004 |
82.7348 |
42.9000 |
Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate.
Ajit Prasad
Manager
Press Release : 2003-2004/839