RBI reference rate for US dollar, euro

January 09, 2014 02:10 pm | Updated May 13, 2016 08:19 am IST - Mumbai

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.3126 and 59.29 per 100 yen. File photo

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.3126 and 59.29 per 100 yen. File photo

The Reserve Bank of India on Thursday fixed the reference rate of rupee against U.S. dollar at 62.1810 and the euro at 84.4960 as against 62.2430 and 84.8185 on Wednesday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.3126 and 59.29 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 in Mumbai and the SDR-Rupee rate would be based on this rate, the release added.

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