The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.9670 on January 08, 2015.

The corresponding rate for the previous day (January 07, 2015) was ₹ 63.4495.

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
	January 07, 2015	January 08, 2015
1 EUR	75.2765	74.4270
1 GBP	95.9864	94.9731
100 YEN	53.30	52.53
Note : The SDR-Rupee rate will be based on the reference rate.

 

Ajit Prasad

Assistant General Manager

 

 

Reference rate for the US Dollar updates cross currency exchange rates and determines the SDR Rupee basis today. Reserve Bank of India published a reference rate for the US Dollar and reported its change from the previous day, together with derived exchange rates for the Euro, Pound Sterling and Japanese Yen based on the reference rate and cross currency middle rates; the release specifies that the reference rate will serve as the basis for the SDR Rupee rate.