The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.2015 on March 05, 2015.

The corresponding rate for the previous day (March 04, 2015) was ₹ 61.8543.

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 04, 2015	March 05, 2015
1 EUR	69.0974	68.6020
1 GBP	94.9649	94.7142
100 YEN	51.70	51.89
Note : The SDR-Rupee rate will be based on the reference rate.

 

 

Ajit Prasad

Assistant General Manager

Reference rate for US dollar sets rupee cross currency exchange rates and forms the basis for the SDR Rupee rate. The Reserve Bank of India published the reference rate for the US Dollar and, using that reference and middle rates of cross currency quotations, provided derived exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee; the SDR Rupee rate will be based on the published reference rate, making it the operative benchmark for these currency conversions.