The Reserve Bank of India on Monday fixed the reference rate of rupee for the U.S. dollar at 59.4080 and the euro at 78.1135 as against 59.7950 and 78.5222 on last Friday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 90.7398 a pound and 59.37 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.

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