U.S. dollar and Yuan notes are seen in this picture illustration taken at the Korea Exchange Bank in Seoul
U.S. dollar and Yuan notes are seen in this picture illustration taken at the Korea Exchange Bank in Seoul November 10, 2010. An all-day G20 planning session grew so intense that officials had to leave the door open to keep the room from overheating, underscoring deep economic tensions one day before the start of a leaders summit. Deputies drafting a final statement to be released after the two-day Group of 20 summit concludes on Friday remained far apart on pivotal issues including currency exchange rates, G20 spokesman Kim Yoon Kyung said on Wednesday. REUTERS

The Reserve Bank of India (RBI) on Friday fixed the reference rate for euro at 60.73 rupees and the reference rate for the U.S. dollar at 44.64 rupees.

The corresponding rates were 60.96 rupees per euro and 44.25 rupees per U.S. dollar respectively as against to the previous date on November 11, 2010.

The exchange rates of pound and Japanese yen against to the Indian rupee is 71.6293 rupees per pound and 54.20 rupees per 100 yen, respectively.

The corresponding rates were 71.4372 rupees per pound and 53.81 rupees per 100 yen respectively as against to the previous date on November 11, 2010.

The reference rates are based on 12 noon rates of a few select banks in Mumbai and the special drawing rights-rupee rate rate will be based on this rate, a RBI press release showed on Friday.

India RBI U.S. India