The Reserve Bank of India (RBI) on Wednesday maintained the reference rate for the US currency at Rs. 46.22 per dollar while the single European unit was fixed at Rs. 61.07 per euro, as against Rs. 60.81 per euro yesterday.
In a press note issued here by the apex bank, the exchange rates of Great Britain’s Pound and Japanese Yen against the Rupee have been given as Rs. 73.6862 per pound and Rs. 54.06 per 100 yen, respectively, based on the Reference rate for US dollar and middle rates of the cross currency quotes at noon.
The Reference rate is based on 12 noon rates of a few select banks in Mumbai and the SDR-Rupee rate will be based on this rate, the release added.