Reference Rate for U.S. Dollar, the Euro
The Reserve Bank of India (RBI) on Thursday fixed the reference rate for euro at 60.34 rupees and the reference rate for the US dollar at 45.97 rupees.
The corresponding rates were 60.14 rupees and 46.30 rupees respectively as against to the previous date on September 16, 2010.
The exchange rates of pound and Japanese yen against to the Indian rupee is 72.1660 rupees per pound and 53.65 rupees per 100 yen, respectively.
The reference rates are based on 12 noon rates of a few select banks in Mumbai and the SDR-Rupee rate will be based on this rate, a RBI press release showed on Friday.
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