The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 61.1847 and the Reference Rate for Euro is ₹ 81.7762 on August 12, 2014. The corresponding rates for the previous day (August 11, 2014) were ₹ 61.1165 and ₹ 81.8740 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 11, 2014	August 12, 2014
1 GBP	102.5352	102.5578
100 YEN	59.85	59.81
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant General Manager

Reference rate publication: RBI's daily foreign exchange reference rates affect cross currency conversions and SDR Rupee valuation. The Reserve Bank of India issued daily Reference Rate benchmarks for the US dollar and the Euro, noted prior day comparators, and, using the dollar reference and cross currency middle rates, provided derived exchange rates for other currencies. The notice further instructs that the SDR Rupee rate will be based on the published reference rate.