The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 61.8387 on March 03, 2015.

The corresponding rate for the previous day (March 02, 2015) was ₹ 61.8248.

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
	March 02, 2015	March 03, 2015
1 EUR	69.1387	69.2470
1 GBP	95.2658	95.1388
100 YEN	51.62	51.68
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant General Manager

Reference rate for US Dollar sets the base to compute other currency rates and the SDR Rupee rate. Publication of a daily reference rate for the US Dollar establishes the base exchange rate used with cross-currency middle rates to compute Euro, Pound Sterling and Japanese Yen rates against the Rupee, and the Special Drawing Rights-Rupee rate is to be based on that published reference rate.