The Reserve Bank of India’s Reference Rate for the US dollar is `53.2395 and the Reference Rate for Euro is `69.9815 on May 3, 2012. The corresponding rates for the previous day (May 2, 2012) were `52.9305 and `69.9425 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: 2011-2012/1742