The Reserve Bank of India on Monday fixed the Reference rate for the U.S. currency at Rs 46.81 per dollar and the single European unit at Rs. 63.80 per euro from Rs. 46.56 per dollar and Rs. 63.85 per euro, respectively, as on February 5.
In a note issued here by the apex bank, the exchange rates of Great Britain’s Pound and Japanese Yen against the Rupee have been quoted as Rs. 72.9019 per pound and Rs. 52.39 per 100 yen respectively, based on the Reference rate for the U.S. dollar and middle rates of the cross currency quotes at noon.
The Reference rate is based on 12 noon rates of a few select banks in Mumbai and the SDR-Rupee rate will be based on this rate, the release added.