Mumbai: The Reserve Bank on Tuesday fixed the reference rate of the rupee for the US dollar at 54.9473 and the Euro at 71.7100 as against 54.5610 a dollar and 71.0815 a Euro as on Monday.
In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 88.4212 a pound and 66.94 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.


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