The Reserve Bank of India’s Reference Rate for the US dollar is ` 44.3263 and the Reference Rate for Euro is ` 63.6456 on July 8, 2011. The corresponding rates for the previous day (July 7, 2011) were ` 44.4173 and ` 63.6291 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 : 2011-2012/43