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Home News News and Press Release Month 5 2014 2014 (5) This

RBI Reference Rate for US $ and Euro

16-5-2014
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The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 58.8610 and the Reference Rate for Euro is Rs. 80.7166 on May 16, 2014. The corresponding rates for the previous day (May 15, 2014) were Rs. 59.4745 and Rs. 81.5526 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Currency

Date

May 15, 2014

May 16, 2014

1 GBP

99.7031

98.8217

100 YEN

58.34

57.97

Note : The SDR-Rupee rate will be based on the reference rate.

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