The Reserve Bank of India’s Reference Rate for the US dollar is `52.8550 and the Reference Rate for Euro is `68.8078 on May 8, 2012. The corresponding rates for the previous day (May 7, 2012) were `53.3420 and `69.3655 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: 2011-2012/1770