Banking News

RBI reference rate for US$


The Reserve Bank of India’s Reference Rate for the US Dollar is `61.6140 on January 21, 2015
The corresponding rate for the previous day (January 20.2015) was `61.8475.
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:
1 Euro = 71.3798 The corresponding rate for the previous day (January 20.2015 ) was 71.5699
1GBP=93.4931 The corresponding rate for the previous day (January 20.2015) was 93.2660
100YEN=52.39 The corresponding rate for the previous day (January 20.2015) was 52.23
Note: The SDR-Rupee rate will be based on the reference rate.
As announced on August 7, 2014 the process of computation and dissemination of RBI reference rate has been changed with effect from September 1, 2014

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