The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.3763 and the Reference Rate for Euro is Rs.63.8745 on July 22, 2011. The corresponding rates for the previous day (July 21, 2011) were Rs.44.4328 and Rs.63.4095 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.

J.D. Desai
Assistant Manager

Press Release : 2011-2012/119