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India Economy: 
Rate for US Dollar and Euro
Author: 123jump.com Staff
123jump.com
Last Update: 4:18 AM EST September 27 2006


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The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.92 and the Reference Rate for Euro is Rs.58.21 on September 27, 2006. The corresponding rates for the previous day (September 26, 2006) were Rs.45.97 and Rs.58.63 respectively.

 
September 27, 2006

RBI Reference Rate for US Dollar and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.92 and the Reference Rate for Euro is Rs.58.21 on September 27, 2006. The corresponding rates for the previous day (September 26, 2006) were Rs.45.97 and Rs.58.63 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:

Currency
Date
1 GBP 100 YEN
September 26, 2006 87.3246 39.51
September 27, 2006 86.9725 39.23

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.

P.V.Sadanandan
Manager

Press Release : 2006-2007/437
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