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RBI Reference Rate for US $

January 2, 2001

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.69 on 02.01.2000. 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

01 January 2001

46.6600

69.6680

43.9467

40.78

02 January 2001

46.6900

69.8109

43.8372

40.7900

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 : 2000-2001/955

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