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India Economy: 
Rate for US Dollar and Euro
Author: 123jump.com Staff
123jump.com
Last Update: 1:43 AM EST January 25 2005


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The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.81 and the Reference Rate for Euro is Rs.57.12 on January 25, 2005. The corresponding rates for the previous day (January 24, 2005) were Rs.43.7500 and Rs.57.1200 respectively.

 
January 25, 2005

RBI Reference Rate for US Dollar and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.81 and the Reference Rate for Euro is Rs.57.12 on January 25, 2005. The corresponding rates for the previous day (January 24, 2005) were Rs.43.7500 and Rs.57.1200 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
January 24, 2005 82.1538 42.52
January 25, 2005 82.2511 42.55

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: 2004-2005/779
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