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The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.8462 on November 17, 2017.
The corresponding rate for the previous day (November 16, 2017) was ₹ 65.2969.
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 | |
November 16, 2017 | November 17, 2017 | |
1 EUR | 76.9981 | 76.5574 |
1 GBP | 86.0483 | 85.7850 |
100 YEN | 57.81 | 57.59 |
Note : The SDR-Rupee rate will be based on the reference rate. | ||
Ajit Prasad
Assistant Adviser
Reference exchange rate establishes the official rupee valuation and the method for deriving SDR rupee conversion. Publication of a daily reference rate for the US dollar that sets the official rupee valuation and, using cross-currency middle rates, establishes corresponding rupee exchange rates for the euro, pound sterling and yen; the notice also provides that the SDR Rupee rate will be derived from this reference rate framework.Press 'Enter' after typing page number.