The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.5855 and the Reference Rate for Euro is ` 64.8018 on July 1, 2011. The corresponding rates for the previous day (June 30, 2011) were ` 44.72 and ` 64.79 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes, the exchange rates of GBP and JPY against the Rupee are:

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/4