The Reserve Bank of India’s Reference Rate for the US dollar is Rs.62.4390 and the Reference Rate for Euro is Rs.85.2813 on February 11, 2014. The corresponding rates for the previous day (February 10, 2014) were Rs.62.1930 and Rs.84.7418 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 rates publication updates USD and Euro benchmarks; cross-currency GBP and JPY rates derived and SDR linkage noted. Publication of the Reference Rate sets official exchange benchmarks: updated Reference Rates for the US dollar and Euro are announced with prior day comparisons; derived cross currency exchange rates for pound sterling and yen are provided using the Reference Rate and middle cross currency quotes; the SDR-rupee conversion is stated to be based on the published Reference Rate.