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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.48.60 and the Reference Rate for Euro is Rs.62.64 on February 09, 2009. The corresponding rates for the previous day (February 06, 2009) were Rs.48.73 and Rs.62.29 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 06, 2009

71.2676

53.58

February 09, 2009

71.5392

53.36

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 : 2008-2009/1267

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