The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.5665 on March 12, 2015.

The corresponding rate for the previous day (March 11, 2015) was ₹ 62.7450.

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 11, 2015	March 12, 2015
1 EUR	67.0995	65.9451
1 GBP	94.6006	93.5682
100 YEN	51.74	51.57
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant General Manager

Reference rate for US dollar determines cross currency exchange rates and sets basis for SDR Rupee rate. The Reserve Bank of India sets the Reference Rate for the US dollar, compares it with the prior day, and-using that rate plus middle cross currency quotes-provides rupee exchange rates for the euro, pound sterling and yen; the SDR Rupee rate is to be based on this reference rate.