RBI Released December 14 Reference Rate for USD and Euro

OREANDA-NEWS. December 14, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 53.5770 and the Reference Rate for Euro is 69.8925 on December 14, 2011. The corresponding rates for the previous day (December 13, 2011) were 53.4030 and 70.4435 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.