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RBI Reference Rate for US $

August 29, 2000

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.79 on 29.08.2000. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below :

Date

CURRENCY

 

1 USD

1 GBP

1 EURO

100 YEN

28 August 2000

45.8400

67.4673

41.4210

43.1300

29 August 2000

45.7900

67.3800

41.2705

42.9400

Note : 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.

N.S.D. Lobo
Asstt. Manager

Press Release : 2000-01/313

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