Mumbai, Jan 24 (Agencies): The Reserve Bank of India (RBI) on Monday fixed the reference rate for the US dollar at Rs 45.58 per dollar and the euro at Rs 62.01 per euro, as against Rs 45.70 per dollar and Rs 61.65 per euro respectively, on Friday.

In a press release issued by the RBI, the exchange rates for the pound and yen against the rupee were quoted at Rs 72.7913 per pound and Rs 55.08 per 100 yen, respectively, based on the reference rate for the US dollar and cross-currency quotes.

The reference rate is based on Monday noon rates of select banks in Mumbai and the SDR-Rupee rate would be based on this rate, the release added.