The Reserve Bank of India (RBI) on Monday fixed the reference rate for the U.S. dollar at Rs. 45.8708 and the euro at Rs. 66.6795, as against Rs. 46.0528 per dollar and Rs. 66.4788 per euro 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. 75.1455 per pound and Rs. 59.78 per 100 yen, based on reference rates for the US 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.