The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6088 on March 18, 2016.

The corresponding rate for the previous day (March 17, 2016) was ₹ 66.8806.

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 17, 2016	March 18, 2016
1 EUR	75.0735	75.3012
1 GBP	95.1644	96.3230
100 YEN	59.59	59.87
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2197

Reference rate for US Dollar set, with cross currency rupee rates for euro, pound and yen determined accordingly. The Reserve Bank of India published the Reference Rate for the US Dollar for March 18, 2016 and compared it with the prior day, providing an official benchmark rupee value. Based on that USD reference rate and the middle rates of cross currency quotes, the Bank supplied rupee exchange rates for the euro, pound sterling and Japanese yen. The press release states that the SDR Rupee rate will be based on the stated reference rate.