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

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RBI Reference Rate for US $

March 4, 1999

     The Reserve Bank of India’s Reference Rate for the US dollar is Rs.42.53 on 04.03.1999 as against Rs.42.55 on 03.03.1999. 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.

     Based on the RBI Reference Rate for US dollar and middle rates of the cross currency quotes at 12.00 noon, the exchange rates of US dollar, Pound Sterling, EURO and Yen against Rs.100 are :

      Date 

Currency per Rs. 100 (Middle Rates)

 

USD

GBP

EURO

Yen

 

 

 

 

 

February 24, 1999

2.3535

1.4604

2.1398

285.700

March 04, 1999

2.3513

1.4583

2.1615

287.491

 

 

 

 

 

 

 

 

Maureen Shankar
Manager

Press Release : 1998-99/1127

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