The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 61.3036 and the Reference Rate for Euro is Rs. 83.1487 on October 14, 2013. The corresponding rates for the previous day (October 11, 2013) were Rs. 61.1570 and Rs. 82.7795 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

Reference Rate updated for US dollar and euro; derived cross currency exchange rates and SDR rupee linkage clarified. Publication sets the Reference Rate for the US dollar and euro on October 14, 2013, records the prior day's rates, and-using the dollar reference rate with middle cross currency quotes-provides derived rupee exchange rates for the pound sterling and the yen; the SDR rupee conversion is to be based on the published reference rate.