The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 59.8538 and the Reference Rate for Euro is Rs. 78.2265 on June 26, 2013. The corresponding rates for the previous day (June 25, 2013) were Rs. 59.7030 and Rs. 78.3826 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/2174

 

Reference rate publication establishes benchmark exchange rates and frames cross currency conversions for major currencies. Reserve Bank of India published Reference Rates for the US dollar and the Euro on June 26, 2013, fixing the US dollar at Rs. 59.8538 and the Euro at Rs. 78.2265 with prior-day comparators. Using the US dollar Reference Rate and cross-currency middle rates, derived exchange rates are provided for the British pound (1 GBP: 92.3065) and the Japanese yen (100 YEN: 61.36). The SDR Rupee rate will be based on the Reference Rate.