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        FEMA & RBI

        RBI Reference Rate for US $

        April 20, 2015

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        The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 62.5633 on April 20, 2015.

        The corresponding rate for the previous day (April 17, 2015) was ₹ 62.3460.

        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

        April 17, 2015

        April 20, 2015

        1 EUR

        67.1342

        67.4933

        1 GBP

        93.0950

        93.5634

        100 YEN

        52.41

        52.74

        Note : The SDR-Rupee rate will be based on the reference rate.

        Ajit Prasad

         Assistant General Manager

        Reference rate for US dollar set; impacts SDR Rupee and cross currency rupee rates, guiding market conversions. Reference rate for the US dollar is published as the operative rupee benchmark and compared with the prior date; cross currency rupee quotations for EUR, GBP and JPY are derived from that reference rate and middle cross currency rates. SDR Rupee rate will be based on the reference rate.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Reference rate for US dollar set; impacts SDR Rupee and cross currency rupee rates, guiding market conversions.

                                Reference rate for the US dollar is published as the operative rupee benchmark and compared with the prior date; cross currency rupee quotations for EUR, GBP and JPY are derived from that reference rate and middle cross currency rates. SDR Rupee rate will be based on the reference rate.


                                Note: It is a system-generated summary and is for quick reference only.
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