The Reserve Bank of India’s Reference Rate for the US dollar is `52.4238 and the Reference Rate for Euro is `69.9405 on December 12, 2011. The corresponding rates for the previous day (December 9, 2011) were `52.2285 and `69.6008 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.

Subhash Desai
Assistant Manager

Press Release: 2011-2012/918