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79798341

RBI Reference Rate for US $ and Euro

The Reserve Bank of India’s Reference Rate for the US dollar is `52.9305 and the Reference Rate for Euro is `69.9425 on May 2, 2012. The corresponding rates for the previous day (April 30, 2012) were `52.5193 and `69.6135 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:

Date

Currency

1 GBP

100 JPY

April 30, 2012

85.4935

65.54

May 2, 2012

85.8533

65.87

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1732

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