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RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.48.87 and the Reference Rate for Euro is Rs.64.76 on January 28, 2009. The corresponding rates for the previous day (January 27, 2009) were Rs.48.85 and Rs.64.51 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 27, 2009
68.6855
54.60
January 28, 2009
69.7204
54.82
 

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.

 

G. Raghuraj
Deputy General Manager

Press Release : 2008-2009/1175

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