RBI Released Reference Rate for USD and Euro

OREANDA-NEWS. August 16, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 45.2490 and the Reference Rate for Euro is 65.0620 on August 16, 2011. The corresponding rates for the previous day (August 12, 2011) were 45.3740 and 64.3660 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:

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