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

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RBI Reference Rate for US $

August 16, 2000

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.66 on 16.08.2000. 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

14 August 2000

45.7700

68.6962

41.2708

42.10

16 August 2000

45.6600

68.7503

41.8611

41.8600

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 : 2000-2001/248

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