RBI Released December 29 Reference Rate for USD and Euro

OREANDA-NEWS. December 29, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 53.3585 and the Reference Rate for Euro is 68.9881 on December 29, 2011. The corresponding rates for the previous day (December 28, 2011) were 53.2145 and 69.5113 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.