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    Case ID :

    RBI Reference Rate for US $

    March 21, 2016

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    The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5040 on March 21, 2016.

    The corresponding rate for the previous day (March 18, 2016) was ₹ 66.6088.

    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

    March 18, 2016

    March 21, 2016

    1 EUR

    75.3012

    74.9168

    1 GBP

    96.3230

    95.8722

    100 YEN

    59.87

    59.66

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

    Ajit Prasad
    Assistant Adviser

    Topics

    ActsIncome Tax