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The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 60.7875 on September 22, 2014
The corresponding rate for the previous day (September 19, 2014) was ₹ 60.8055
Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:
Currency | Date | |
September 19, 2014 | September 22, 2014 | |
1 EUR | 78.4695 | 78.1606 |
1 GBP | 100.0615 | 99.2964 |
100 YEN | 55.73 | 55.83 |
Note : The SDR-Rupee rate will be based on the reference rate. | ||
Ajit Prasad
Assistant General Manager
Reference rate for US Dollar published; cross currency rupee rates and SDR rupee linkage set from that benchmark. The Reserve Bank of India publishes a daily reference rate for the US Dollar which serves as the benchmark for deriving rupee exchange rates of other currencies using cross currency middle rates; the press release supplies comparable prior day figures. It also states that the SDR Rupee rate will be based on this reference rate, establishing a procedural linkage for SDR denominated rupee valuation.Press 'Enter' after typing page number.