August 25,2005

The Reserve Bank of India’s Reference Rate for the US dollar is Rs.43.7600 and the Reference Rate for Euro is Rs.53.8600 on August 25,2005. The corresponding rates for the previous day (August 24,2005) were Rs.43.7200 and Rs.53.2300 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the rupee are:

Note :The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate.

P.V.Sadanandan
Manager

Press Release : 2005-2006/249