The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 67.8276 on May 16, 2018.

The corresponding rate for the previous day (May 15, 2018) was ₹ 67.5288.

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
	May 15, 2018	May 16, 2018
1 EUR	80.5281	80.2943
1 GBP	91.4880	91.6826
100 YEN	61.44	61.52
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant Adviser

 

Reference rate for US Dollar announced, forming the basis for deriving euro, pound, yen and SDR rupee exchange rates. The Reserve Bank of India announced a reference rate for the US Dollar and instructed that rupee exchange rates for the euro, pound sterling and Japanese yen be derived using middle rates of cross currency quotes; the SDR Rupee rate will be based on the published reference rate.