Mumbai: The Reserve Bank on Monday fixed the reference rate of the rupee for the US dollar at 54.5610 and the Euro at 71.0815 as against 54.5265 a dollar and 70.8880 a Euro as on last Friday.
    
In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 87.4558 a pound and 66.27 per 100 yen, based on reference rates for the US 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.

(Agencies)

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