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:

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

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/1732