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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.51.25 and the Reference Rate for Euro is Rs.66.64 on March 17, 2009. The corresponding rates for the previous day (March 16, 2009) were Rs.51.58 and Rs.66.59 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
March 16, 2009
72.3564
52.52
March 17, 2009
72.2830
51.93
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 : 2008-2009/1512

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