The Reserve Bank of India’s Reference Rate for the US dollar is Rs.60.5253 and the Reference Rate for Euro is Rs.83.9160 on April 29, 2014. The corresponding rates for the previous day (April 28, 2014) were Rs.60.5041 and Rs.83.6210 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 28, 2014	April 29, 2014
1 GBP	101.6892	101.7733
100 YEN	59.17	59.01

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

Ajit Prasad

Assistant General Manager

Reference rate announcement sets official exchange rates for major currencies and ties the SDR Rupee to that rate. Reference rates for the US dollar and Euro were published, with prior day figures supplied for comparison; derived exchange rates for pound sterling and Japanese yen against the rupee were calculated from the US dollar reference rate and cross currency middle rates; and the SDR Rupee rate is specified to be based on the published reference rate.