The Reserve Bank of India’s Reference Rate for the US dollar is Rs.40.77 and the Reference Rate for Euro is Rs.64.48 on March 17, 2008. The corresponding rates for the previous day (March 14, 2008) were Rs.40.45 and Rs.63.20 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:

Date                     Currency

                      1 GBP   100 YEN

March 14, 2008 82.2551  40.32

March 17, 2008 82.1047  41.90

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. 

Sourced From: Reserve Bank of India