The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.4328 and the Reference Rate for Euro is ` 63.4095 on July 21, 2011. The corresponding rates for the previous day (July 20, 2011) were ` 44.4603 and ` 62.9435 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 : 2011-2012/111