RBI reference rates for US dollar, euro

Jun 28, 2011 |

mumbai

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The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the US dollar at Rs 45.05 and the euro at Rs 64.34, as against Rs 45.10 per dollar and Rs 63.75 per euro on Monday.

In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at Rs 71.9156 per pound and Rs 55.78 per 100 yen, based on reference rates for 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.

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