RBI reference rate for U.S. dollar, euro

January 17, 2012 04:33 pm | Updated October 18, 2016 01:00 pm IST - Mumbai

The Reserve Bank of India (RBI) on Tuesday fixed the reference rate for the U.S. dollar at 51.0650 and the euro at 64.9998, as against 51.6545 per dollar and 65.3173 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 78.4818 per pound and 66.59 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.

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