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    Case ID :

    RBI Reference Rate for US $

    May 25, 2018

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    The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 68.2600 on May 25, 2018.

    The corresponding rate for the previous day (May 24, 2018) was ₹ 68.3872.

    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

    May 24, 2018

    May 25, 2018

    1 EUR

    80.1430

    79.8847

    1 GBP

    91.4405

    91.2158

    100 YEN

    62.40

    62.38

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

     

    Ajit Prasad
    Assistant Adviser

    Topics

    ActsIncome Tax