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Date : 31 Mar 2011
RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.65 and the Reference Rate for Euro is ` 63.24 on March 31, 2011. The corresponding rates for the previous day (March 30, 2011) were ` 44.77 and ` 63.02 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

March 30, 2011

71.6947

54.01

March 31, 2011

71.9289

54.02

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
Assistant General Manager

Press Release : 2010-2011/1409

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