RBI reference rates for U.S. dollar and euro

February 07, 2011 03:48 pm | Updated October 08, 2016 06:51 pm IST - Mumbai

The Reserve Bank of India (RBI) today fixed the reference rate for the U.S. dollar at Rs. 45.59 per dollar and the euro at Rs. 62.04 per euro, as against Rs. 45.64 per dollar and Rs. 62.24 per euro, respectively, on last Friday.

In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at Rs. 73.5845 per pound and Rs. 55.44 per 100 yen, respectively, based on the reference rate for the U.S. 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.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.