RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.16 and the Reference Rate for Euro is ` 58.68 on January 12, 2011. The corresponding rates for the previous day (January 11, 2011) were ` 45.32 and ` 58.70 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
January 11, 2011	70.5428	54.57
January 12, 2011	70.6438	54.34

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.

J.D. Desai Assistant Manager
Press Release : 2010-2011/994

first published: Jan 12, 2011 12:35 pm

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RBI Reference Rate for US $ and Euro