The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 60.2360 and the Reference Rate for Euro is ₹ 81.4414 on July 22, 2014. The corresponding rates for the previous day (July 21, 2014) were ₹ 60.1853 and ₹ 81.4821 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
	July 21, 2014	July 22 2014
1 GBP	102.8687	102.8650
100 YEN	59.45	59.32

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

Ajit Prasad

Assistant General Manager

Reference exchange rates published by central bank set rupee benchmarks for major currencies and cross-rate derivations. The central bank published reference exchange rates for the US dollar and the euro for the stated date, alongside the prior day figures for comparison. Derived rupee rates for the pound sterling and the Japanese yen are calculated from the dollar reference rate using middle cross currency quotes. The release states that the SDR rupee rate will be based on the published reference rate, providing official benchmarks for pricing, accounting and other operational uses.