RBI Announced Reference Rate for USD and Euro

OREANDA-NEWS. October 7, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 49.1355 and the Reference Rate for Euro is 65.9981 on October 7, 2011. The corresponding rates for the previous day (October 5, 2011) were 49.1918 and 65.4394 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.