The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 60.7260 and the Reference Rate for Euro is ₹ 81.0432 on August 19, 2014. The corresponding rates for the previous day (August 14, 2014) were ₹ 61.0583 and ₹ 81.5552 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 14, 2014	August 19, 2014
1 GBP	101.8391	101.4792
100 YEN	59.55	59.19
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant General Manager

Reference Rate updates: central bank publishes exchange benchmarks for major currencies, guiding cross currency conversions and SDR linkage. The Reserve Bank of India published central Reference Rates for the US dollar and the euro and noted prior-day levels for comparison. It used the US dollar reference and middle cross currency quotes to derive pound sterling and yen rates against the rupee, and stated that the SDR Rupee conversion will be based on the published reference rate.