The Reserve Bank of India on Friday fixed the
reference rate of rupee against U.S. dollar at 61.9046 and the euro at
83.8775 as against 61.4100 and 84.1245 on Thursday.
In
a press release issued by RBI, the exchange rates for the pound and yen
against the rupee were quoted at 99.1897 a pound and 63.21 per 100 yen,
based on reference rates for the 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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