The Reserve Bank of India’s Reference Rate for the US dollar is Rs.62.1930 and the Reference Rate for Euro is Rs.84.7418 on February 10, 2014. The corresponding rates for the previous day (February 7, 2014) were Rs.62.3155 and Rs.84.6830 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: official update of exchange benchmarks for major currencies; SDR-Rupee derived from the published reference. Reserve Bank publishes Reference Rate exchange benchmarks for major currencies, recording the Reference Rates for the US dollar and the Euro on February 10, 2014, with corresponding prior day rates, and sets out pound sterling and yen values derived from the US dollar Reference Rate and middle cross currency quotes; the SDR-Rupee rate is to be derived from the published Reference Rate.