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RBI Reference Rate for US $

September 18, 2000

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.85 on 18.09.2000. 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

15 September 2000

45.7600

64.3500

39.5710

42.57

18 September 2000

45.8500

64.0845

39.1421

42.9100

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.

P.V. Sadanandan
Asstt. Manager

Press Release : 2000-2001/416

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