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The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.0301 on June 12, 2015.
The corresponding rate for the previous day (June 11, 2015) was ₹ 63.8910
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 | |
June 11, 2015 | June 12, 2015 | |
1 EUR | 72.3118 | 71.8994 |
1 GBP | 98.8969 | 99.2723 |
100 YEN | 51.85 | 51.85 |
Note: The SDR-Rupee rate will be based on the reference rate. | ||
Ajit Prasad
Assistant General Manager
Reference rate determination updates US dollar and cross-currency rupee rates and informs SDR-Rupee linkage for market reference. The Reserve Bank of India published the US dollar Reference Rate and the previous day's rate, and-based on that reference and middle cross-currency quotes-provided rupee exchange rates for the euro, sterling and yen. The release states that the SDR-Rupee rate will be based on the published reference rate, establishing the operational linkage for SDR valuation against the rupee.
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