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Date : May 07, 2012
RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `53.3420 and the Reference Rate for Euro is `69.3655 on May 7, 2012. The corresponding rates for the previous day (May 4, 2012) were `53.7225 and `70.6465 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Date

Currency

1 GBP

100 JPY

May 4, 2012

86.9821

67.01

May 7, 2012

86.0913

66.87

Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1761


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