The Reserve Bank of India’s Reference Rate for the US dollar is Rs.59.3360 and the Reference Rate for Euro is Rs.80.7640 on June 4, 2014. The corresponding rates for the previous day (June 3, 2014) were Rs.59.2125 and Rs.80.5645 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
	June 3, 2014	June 4, 2014
1 GBP	99.1691	99.1801
100 YEN	57.88	57.76

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

Ajit Prasad

Assistant General Manager

Reference exchange rate: daily publication of major currency rates with cross currency conversions and SDR Rupee linkage. The Reserve Bank publishes daily reference exchange rates for major currencies, providing current and prior day values; cross currency middle rates are used to derive rates for additional currencies, and the SDR Rupee rate is to be based on the Reference Rate for operational SDR conversion and reporting.