The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 62.2260 and the Reference Rate for Euro is Rs. 84.6410 on December 2, 2013. The corresponding rates for the previous day (November 29, 2013) were Rs. 62.3948 and Rs. 84.9755 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 for US dollar and Euro announced, guiding derived currency conversions and SDR rupee valuation. The document announces the reference rates for the US dollar and the Euro for 2 December 2013, records the prior day's rates for comparison, and provides GBP and JPY rupee rates derived from the US dollar reference and cross currency middle rates; it also states that the SDR rupee rate will be based on the published reference rate.