The Reserve Bank of India’s Reference Rate for the US dollar is `49.8745 and the Reference Rate for Euro is `69.5253 on October 24, 2011.The corresponding rates for the previous day (October 21, 2011) were `50.0670 and `69.0350 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: 2011-2012/639