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        FEMA & RBI

        RBI Reference Rate for US $

        July 1, 2015

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        The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 63.6223 on July 01, 2015.

        The corresponding rate for the previous day (June 30, 2015) was ₹ 63.7549.

        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 30, 2015

        July 01, 2015

        1 EUR

        71.2015

        70.7671

        1 GBP

        100.1207

        99.8934

        100 YEN

        52.07

        51.85

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

        Sangeeta Das
        Director

         

         

        Reference exchange rate for US dollar updated; cross-currency euro, pound and yen rates adjusted accordingly. The Reserve Bank of India set the US dollar reference rate at Rs. 63.6223 on July 1, 2015 (previous day Rs. 63.7549) and, using middle cross currency quotes, published derived rupee exchange rates for the euro, pound sterling and Japanese yen; the SDR Rupee rate is to be based on that 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 exchange rate for US dollar updated; cross-currency euro, pound and yen rates adjusted accordingly.

                                The Reserve Bank of India set the US dollar reference rate at Rs. 63.6223 on July 1, 2015 (previous day Rs. 63.7549) and, using middle cross currency quotes, published derived rupee exchange rates for the euro, pound sterling and Japanese yen; the SDR Rupee rate is to be based on that reference rate.


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