The Reserve Bank of India on Tuesday fixed the reference rate of the rupee against the U.S. dollar at 60.7147 and of the euro at 83.7695, as against 60.3350 and 83.3835 on Monday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.0432 and 59.25 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.


Rupee sheds 17 paise against dollarApril 22, 2014

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