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RBI Reference Rate for US $

August 31, 2001

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.15 on 31.08.2001. 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

30 August, 2001

47.1400

68.3436

42.8668

39.40

31 August, 2001

47.1500

68.8555

43.3474

39.6600

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
Asst. Manager

Press Release : 2001-02/258

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