OREANDA-NEWS. May 03, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 44.34 and the Reference Rate for Euro is 65.75 on May 3, 2011. The corresponding rates for the previous day (May 2, 2011) were 44.30 and 65.57 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

May 2, 2011

73.8990

54.37

May 3, 2011

73.6953

54.76

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.