RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.12 and the Reference Rate for Euro is ` 62.32 on March 1, 2011. The corresponding rates for the previous day (February 28, 2011) were ` 45.18 and ` 62.15 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
February 28, 2011	72.7872	55.32
March 1, 2011	73.4305	54.91

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.

Ajit Prasad Assistant General Manager
Press Release : 2010-2011/1247

first published: Mar 1, 2011 12:45 pm

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RBI Reference Rate for US $ and Euro