RBI Announced Reference Rate for USD and Euro

OREANDA-NEWS. October 24, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 49.8745 and the Reference Rate for Euro is 69.5253 on October 24, 2011. The corresponding rates for the previous day (October 21, 2011) were 50.0670 and 69.0350 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.