The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.3680 on March 16, 2016.

The corresponding rate for the previous day (March 15, 2016) was ₹ 67.2290.

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 15, 2016	March 16, 2016
1 EUR	74.6444	74.7583
1 GBP	95.9223	95.1708
100 YEN	59.31	59.40
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant Adviser

Press Release: 2015-2016/2171

Reference Rate for US Dollar sets exchange rate basis determining EUR, GBP and JPY quotations against the Rupee. The Reserve Bank of India published the Reference Rate for the US Dollar as the operative benchmark and provided the prior day's rate; using that Reference Rate and cross-currency middle rates, it supplied derived exchange rates for the Euro, Pound Sterling and Japanese Yen against the Rupee and stated that the SDR Rupee rate will be based on the Reference Rate.