RBI reference rate for US dollar, euro

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 101.2532 and 59.19 per 100 yen, based on reference rates for the dollar and cross-currency quotes at noon. File photo: S.R. Raghunathan

The Reserve Bank of India on Monday fixed the reference rate of rupee against U.S. dollar at 61.6345 and the euro at 83.4245 as against 61.3518 and 83.5223 on last Friday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 101.2532 and 59.19 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.