The Reserve Bank of India’s Reference Rate for the US dollar is Rs.60.2620 and the Reference Rate for Euro is Rs.83.2700 on April 15, 2014. The corresponding rates for the previous day (April 11, 2014) were Rs.60.2670 and Rs.83.7385 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
	April 11, 2014	April 15, 2014
1 GBP	101.0979	100.7099
100 YEN	59.20	59.14

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

Ajit Prasad
Assistant General Manager

 

Reference rate publication: central bank set rupee reference rates for principal currencies and mandated SDR rupee linkage. The central bank announced the reference rates for the US dollar and the Euro and, using those rates with middle cross currency quotations, published rupee conversion rates for the British pound and Japanese yen; it further stated that the SDR Rupee rate will be based on the published reference rate.