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India Economy: 
RBI Reference Rate for US dollar and Euro
Author: 123jump.com Staff
123jump.com
Last Update: 8:06 AM EST January 22 2008


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The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.73 and the Reference Rate for Euro is Rs.57.34 on January 22, 2008. The corresponding rates for the previous day (January 21, 2008) were Rs.39.38 and Rs.57.27 respectively.

 
Date : 22 Jan 2008

RBI Reference Rate for US $ and Euro

January 22, 2008

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.39.73 and the Reference Rate for Euro is Rs.57.34 on January 22, 2008. The corresponding rates for the previous day (January 21, 2008) were Rs.39.38 and Rs.57.27 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 21, 2008 76.9091 36.92
January 22, 2008 77.0146 37.48

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
Manager

Press Release : 2007-2008/964
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