The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.1703 on December 05, 2016.

The corresponding rate for the previous day (December 02, 2016) was ₹ 68.3689.

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
	December 02, 2016	December 05, 2016
1 EUR	73.0385	72.0424
1 GBP	86.2816	86.5354
100 YEN	59.96	60.11
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad

Assistant Adviser

Reference rate for US Dollar establishes official exchange rates and informs Euro, Pound and Yen conversion against the Rupee. The Reserve Bank of India published the Reference Rate for the US Dollar as Rs. 68.1703 on December 05, 2016, with the prior rate Rs. 68.3689 on December 02, 2016, and, based on that reference rate and cross currency middle rates, provided exchange rates for EUR (72.0424), GBP (86.5354) and 100 YEN (60.11) against the Rupee; the SDR Rupee rate will be based on the reference rate.