Published on Tue, Apr 29, 2008 at 17:13 | Source : Moneycontrol.com
Updated at Tue, Apr 29, 2008 at 17:19
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RBI Reference Rate for US $ & Euro
RBI Reference Rate for US $ & Euro. The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.14 and the Reference Rate for Euro is Rs.62.92 on April 28, 2008.
The Reserve Bank of India's Reference Rate for the US dollar is Rs.40.14 and the Reference Rate for Euro is Rs.62.92 on April 28, 2008. The corresponding rates for the previous day (April 25, 2008) were Rs.40.18 and Rs.62.90 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:
Date Currency
1 GBP 100 YEN
April 25, 2008 79.2530 38.47
April 28, 2008 79.6639 38.40
Note: The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate.
