The Results of the auctions of 10-year State Development Loans, 2021 for Nine State Governments held on March 15, 2011.

The results of the RBI Repo/Reverse Repo auctions held on March 15, 2011 are:

The Reserve Bank of India today placed on its website the Report of the Working Group on Operating Procedure of Monetary Policy (PublicationReportDetails.aspx?UrlPage=&ID=631) (Chairman: Shri Deepak Mohanty). Comments on the Report may please be emailed or forwarded by end-March 2011 to the Adviser-in-Charge, Monetary Policy Department, Reserve Bank of India, Central Office, Mumbai 400 001.

The Reserve Bank of India’s Reference Rate for the US dollar is ` 45.27 and the Reference Rate for Euro is ` 63.08 on March 15, 2011. The corresponding rates for the previous day (March 14, 2011) were ` 45.15 and ` 62.95 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: