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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.48.72 and the Reference Rate for Euro is Rs.62.94 on February 13, 2009. The corresponding rates for the previous day (February 12, 2009) were Rs.48.72 and Rs.62.88 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
February 12, 2009
69.9912
54.10
February 13, 2009
70.0594
53.51
 

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 : 2008-2009/1309

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