The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 60.2460 and the Reference Rate for Euro is ₹ 80.6985 on July 31, 2014. The corresponding rates for the previous day (July 30, 2014) were ₹ 60.1485 and ₹ 80.6360 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 30 2014	July 31 2014
1 GBP	101.9216	101.9242
100 YEN	58.90	58.61
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant General Manager

Reference rate publication: RBI announces benchmark exchange rates and derived cross currency rates, guiding SDR conversion and market quoting. RBI publishes reference rates for the US dollar and the Euro for the stated date and preceding day, provides derived GBP and JPY exchange rates from those benchmarks, and confirms that the SDR Rupee rate will be based on the Reference Rate, serving as the Bank's official benchmark dissemination for market quoting and conversion.