The Reserve Bank of India on Tuesday fixed the reference rate of rupee against U.S. dollar at 61.9580 and the euro at 85.3345 as against 62.1024 and 85.4284 on Monday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 101.1402 and 60.17 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.

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