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        GST

        RBI Reference Rate for US $

        July 3, 2017

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        The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.7525 on July 03, 2017.

        The corresponding rate for the previous day (June 30, 2017) was ₹ 64.7379.

        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, 2017

        July 03, 2017

        1 EUR

        74.0019

        73.8567

        1 GBP

        84.2564

        84.1718

        100 YEN

        57.78

        57.54

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

        Ajit Prasad
        Assistant Adviser

        Reference rate update: US dollar reference and derived rupee exchange rates published, with SDR rupee basis linked to that rate. Publication records the Reserve Bank of India's daily reference rate for the US dollar together with the prior business day's figure and, using middle cross currency rates, provides rupee exchange rates for the euro, pound sterling and Japanese yen; it also states that the SDR Rupee rate will be based on the 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 rate update: US dollar reference and derived rupee exchange rates published, with SDR rupee basis linked to that rate.

                                Publication records the Reserve Bank of India's daily reference rate for the US dollar together with the prior business day's figure and, using middle cross currency rates, provides rupee exchange rates for the euro, pound sterling and Japanese yen; it also states that the SDR Rupee rate will be based on the reference rate.


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