The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 61.9380 and the Reference Rate for Euro is Rs. 85.1148 on February 26, 2014. The corresponding rates for the previous day (February 25, 2014) were Rs. 61.9765 and Rs. 85.1435 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:

Currency	Date
	February 25, 2014	February 26, 2014
1 GBP	103.3086	103.3126
100 YEN	60.51	60.53

Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant General Manager

Reference rate announcement sets daily exchange benchmarks and cross currency derived rates for major currencies. Announcement of the Reserve Bank of India's daily Reference Rate for major currencies, reporting the rupee Reference Rate for the US dollar and Euro with comparison to the previous day. It explains that GBP and JPY exchange rates are derived from the US dollar Reference Rate using middle cross currency quotes and states that the SDR Rupee rate will be based on the Reference Rate.