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The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 61.3360 and the Reference Rate for Euro is ₹ 81.9630 on August 06, 2014. The corresponding rates for the previous day (August 05, 2014) were ₹ 60.8690 and ₹ 81.6955 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 | |
August 05 2014 | August 06 2014 | |
1 GBP | 102.6738 | 103.4370 |
100 YEN | 59.38 | 59.80 |
Note : The SDR-Rupee rate will be based on the reference rate. | ||
Ajit Prasad
Assistant General Manager
Reference Rate publication for US dollar and euro determines derived cross currency exchange rates and SDR Rupee link. The Reserve Bank of India publishes Reference Rates for the US dollar and euro, compares them with the prior day's values, and, using the US dollar reference and cross currency middle rates, derives and publishes exchange rates for other currencies such as the pound sterling and the yen; the SDR Rupee rate is to be based on the published reference rate.Press 'Enter' after typing page number.