RBI fixed the reference rate of rupee against US dollar at 61.85 and the euro at 84.91
Mumbai: The Reserve Bank of India today fixed the reference rate of rupee against US dollar at 61.8550 and the euro at 84.9195 as against 61.9045 and 85.1365 yesterday.
In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 103.0566 and 60.56 per 100 yen, based on reference rates for the 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 this rate, the release added.
( Source : PTI )
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