The Reserve Bank of India’s Reference Rate for the US dollar is `53.3585 and the Reference Rate for Euro is `68.9881 on December 29, 2011. The corresponding rates for the previous day (December 28, 2011) were `53.2145 and `69.5113 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.

Subhash Desai
Assistant Manager

Press Release : 2011-2012/1028