The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 61.0455 and the Reference Rate for Euro is Rs. 78.2746 on July 08, 2013. The corresponding rates for the previous day (July 05, 2013) were Rs. 60.3395 and Rs. 77.8085 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 : 2013-2014/51

 

Reference rate publication: RBI released exchange reference rates for major currencies, with derived cross-currency rates and SDR basis. The Reserve Bank published the Reference Rate for the US dollar and the Euro on July 8, 2013, compared these with the prior business day, and, using the US dollar Reference Rate and middle cross currency quotes, supplied derived exchange rates for the pound sterling and the yen; the SDR Rupee rate is to be based on the published Reference Rate.