The Reserve Bank of India’s Reference Rate for the US dollar is Rs.59.0605 and the Reference Rate for Euro is Rs.80.6160 on June 9, 2014. The corresponding rates for the previous day (June 6, 2014) were Rs.59.1970 and Rs.80.8345 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 6, 2014	June 9, 2014
1 GBP	99.5161	99.3457
100 YEN	57.85	57.65

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

Ajit Prasad

Assistant General Manager

Reference Rate publication updates exchange rate benchmarks for US dollar and euro, influencing derived cross currency rates. Publication of the Reference Rate sets official rupee benchmarks for the US dollar and the euro, compares them with the prior business day, and, using the US dollar Reference Rate and middle cross currency rates, derives rupee cross rates for other currencies; the SDR Rupee rate is stated to be based on the Reference Rate.