RBI Reference Rate for US $ - RBI - Reserve Bank of India

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RBI Reference Rate for US $

May 30, 2000

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.58 on 30.05.2000. 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

29 May 2000

44.4500

66.2083

41.2763

41.5700

30 May 2000

44.5800

66.7474

41.4839

41.7000

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 : 1999-2000/1600

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