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The Reserve Bank of India’s Reference Rate for the US dollar is ₹ 60.7670 and the Reference Rate for Euro is ₹ 80.5590 on August 21, 2014. The corresponding rates for the previous day (August 20, 2014) were ₹ 60.6690 and ₹ 80.7255 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 20, 2014 | August 21, 2014 | |
1 GBP | 100.8076 | 100.7213 |
100 YEN | 58.80 | 58.53 |
Note : The SDR-Rupee rate will be based on the reference rate. | ||
Ajit Prasad
Assistant General Manager
Reference exchange rates: RBI updates USD and Euro benchmarks, with derived GBP and JPY rupee quotes and SDR conversion. Announcement of the Reserve Bank of India's daily reference rates for the US dollar and Euro with prior day comparisons; derived GBP and JPY rupee exchange quotes are provided using the USD reference and cross currency middle rates. The release states the SDR Rupee rate will be based on the published reference rate, serving as the official benchmark for foreign exchange reference and conversions.
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