Click here to Visit the RBI’s new website

FOREIGN EXCHANGE MANAGEMENT

With the transition to a market-based system for determining the external value of the Indian rupee the foreign exchange market in India gained importance in the early reform period.

Press Release


PDF document (158 kb)
Date : Oct 13, 2017
RBI Reference Rate for US $

The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.9301 on October 13, 2017.

The corresponding rate for the previous day (October 12, 2017) was ₹ 65.1003.

Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:

Currency Date
October 12, 2017 October 13, 2017
1 EUR 77.2741 76.8772
1 GBP 86.2319 86.3051
100 YEN 57.98 58.01
Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant Adviser

Press Release: 2017-2018/1026


2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Archives
Top