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    Case ID :

    RBI Reference Rate for US $

    October 29, 2014

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    The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 61.3175 on October 29, 2014.

    The corresponding rate for the previous day (October 28, 2014) was ₹ 61.3524.

    Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below:

    Currency

    Date

    October 28, 2014

    October 29, 2014

    1 EUR

    77.9237

    78.1430

    1 GBP

    98.9307

    99.0032

    100 YEN

    56.89

    56.76

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

     

    Ajit Prasad
    Assistant General Manager

    Topics

    ActsIncome Tax