The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the U.S. dollar at Rs. 53.2288 and the euro at Rs. 69.1265, as against Rs. 53.2975 per dollar and Rs. 68.9095 per euro yesterday.
In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at Rs. 82.8666 per pound and Rs. 69.35 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 this rate, the release added.