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

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RBI Reference Rate for US $

May 24, 2000

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.08 on 24.05.2000 as against Rs.43.98 on 23.05.2000. 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 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

17 May 2000

2.2743

1.5207

2.5235

248.09

24 May 2000

.2686

1.5426

2.5036

241.708

P. V. Sadanandan
Asstt. Manager

Press Release : 1999-2000/1570

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