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RBI Reference rate for US dollar and Euro

RBI on Wednesday fixed the Reference rate for the US currency at Rs 39.79 per dollar and the single European unit at Rs 56.41 per Euro.

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MUMBAI: Reserve Bank of India (RBI) on Wednesday fixed the Reference rate for the US currency at Rs 39.79 per dollar and the single European unit at Rs 56.41 per Euro from Rs 39.73 per dollar and Rs 56.63 respectively on Tuesday.
    
In a press note issued here by the apex bank, the exchange rates of Great Britain's Pound and Japanese Yen against the Rupee have been given as Rs 81.2333 per pound and Rs 34.35 per 100 yen respectively, based on the Reference rate for US dollar and middle rates of the cross currency quotes at noon.
    
The Reference rate is based on 12 noon rates of a few select banks in Mumbai and the SDR-Rupee rate will be based on this rate, the release added.

 

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