Thursday, April 10, 2008

Rupee appreciates to 39.95/USD

The Indian Rupee rose 0.18% against the US Dollar on Apr. 10, 2008.

The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 39.95 on Apr. 10, 2008, as against Rs 40.02 on Apr. 09, 2008.

The domestic currency depreciated 0.43% versus the Euro on the same day. The reference rate for Euro stood at Rs 63.24 on Apr. 10, 2008, as against Rs 62.97 on Apr. 09, 2008.

As revealed in the table below, the local currency appreciated 0.17% against the Great Britain Pound (GBP), and 1.18% against the Japanese Yen (taking into account 100 Yen).



Date

Currency

1 GBP

100 YEN

Apr. 9, 2008

78.7774

39.12

Apr. 10, 2008

78.9112

39.58

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.

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