Mumbai, May 18: Reserve Bank of India (RBI) today fixed the reference rate for the US currency at Rs 45.4600 per dollar and the single European unit at Rs 54.4700 per euro from Rs 45.9600 and Rs 55.0000 respectively yesterday.
In a press release issued here by the central bank, the exchange rates of Great Britain pound and Japanese yen against the rupee have been given as Rs 80.2574 per pound and Rs 39.92 per 100 yen respectively, based on the reference rate for USD and middle rates of the cross currency quotes at 12 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.
Bureau Report