RBI Reference Rate for US $

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شائع کیا گیا پر مارس 08, 1999

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RBI Reference Rate for US $

March 8, 1999

The Reserve Bank of Indias Reference Rate for the US dollar is Rs.42.50 on 08.03.1999 as against Rs.42.53 on 05.03.1999. The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-rupee rate will be based on this rate.

Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are :

Date	Currency per Rs. 100 (Middle Rates)
	USD	GBP	EURO	Yen

March 01, 1999	2.3524	1.4682	2.1386	280.580
March 08, 1999	2.3529	1.4677	2.1719	286.682

			Maureen Shankar Manager