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    Case ID :

    RBI Reference Rate for US $

    March 22, 2017

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    The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.4881 on March 22, 2017.

    The corresponding rate for the previous day (March 21, 2017) was ₹ 65.3117.

    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 21, 2017

    March 22, 2017

    1 EUR

    70.2950

    70.7206

    1 GBP

    80.6273

    81.6833

    100 YEN

    57.95

    58.70

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

    Ajit Prasad
    Assistant Adviser

    Topics

    ActsIncome Tax