RBI Announced December 7 Reference Rate for USD and Euro

OREANDA-NEWS. December 7, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 51.4490 and the Reference Rate for Euro is 69.1235 on December 7, 2011. The corresponding rates for the previous day (December 5, 2011) were 51.3925 and 68.9227 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.