MUMBAI: The Reserve Bank of India (RBI) today fixed the reference rate for the US dollar at Rs 45.26 per dollar and the euro at Rs 59.61 per euro, as against Rs 45.38 per dollar and Rs 59.77 per euro yesterday.
In a press release issued by the RBI , the exchange rate of the pound and yen against the rupee were quoted at Rs 70.3884 per pound and Rs 54.08 per 100 yen, respectively, based on the reference rate of the US dollar and cross-currency quotes at noon.
The reference rate is based on the noon rates of select banks in Mumbai and the SDR-Rupee rate would be based on this rate, the release added.
