The Reserve Bank of India’s Reference Rate for the US dollar is `49.3525 and the Reference Rate for Euro is `65.6263 on March 2, 2012. The corresponding rates for the previous day (March 1, 2012) were `49.1545 and `65.5692 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: 2011-2012/1402