The Reserve Bank of India (RBI) on Monday fixed the reference rate for the U.S. dollar at 48.6790 and the euro at 63.5678, as against 48.9640 per dollar and 64.3953 per euro on last Friday.
In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at 76.7522 per pound and 63.46 per 100 yen, based on reference rates for the U.S. dollar and cross-currency quotes at noon.
The reference rate is based on the noon rates of select banks here and the SDR-rupee rate would be based on his rate, the release added.
