The Reserve Bank of India’s Reference Rate for the US dollar is `49.0650 and the Reference Rate for Euro is `65.5701 on February 24, 2012. The corresponding rates for the previous day (February 23, 2012) were `49.2450 and `65.2903 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below:

Note : The SDR-Rupee rate will be based on the reference rate.

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1362