The Reserve Bank of India’s Reference Rate for the US dollar is `49.9448 and the Reference Rate for Euro is `65.3999 on March 12, 2012. The corresponding rates for the previous day (March 9, 2012) were `50.0150 and `66.1776 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.

R. R. Sinha
Deputy General Manager

Press Release: 2011-2012/1447