Published on Wed, May 21, 2008 at 17:27 | Source : Moneycontrol.com
Updated at Wed, May 21, 2008 at 17:43
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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.42.67 and the Reference Rate for Euro is Rs.66.39 on May 20, 2008.
The Reserve Bank of India's Reference Rate for the US dollar is Rs.42.67 and the Reference Rate for Euro is Rs.66.39 on May 20, 2008. The corresponding rates for the previous day (May 16, 2008) were Rs.42.64 and Rs.66.00 respectively. Base 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:
Currency
Date 1 GBP 100 YEN
May 16, 2008 83.0030 40.74
May 20, 2008 83.4156 41.05
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.
