The Reserve Bank of India’s Reference Rate for the US dollar is `55.9300 and the Reference Rate for Euro is `70.8770 on May 23, 2012. The corresponding rates for the previous day (May 22, 2012) were `54.8845 and `70.2093 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 22, 2012 |
86.8410 |
69.08 |
May 23, 2012 |
88.1485 |
70.32 |
Note : The SDR-Rupee rate will be based on the reference rate.
J.D. Desai
Assistant Manager
Press Release: 2011-2012/1861 |
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