RBI fixes rupee reference rate at 62.1605 against USD | business | Hindustan Times
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RBI fixes rupee reference rate at 62.1605 against USD

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 62.1605 against the US dollar and for the euro at 73.7348 as against 62.3953 and 73.6140 respectively on last Friday.

business Updated: Jan 12, 2015 16:27 IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 62.1605 against the US dollar and for the euro at 73.7348 as against 62.3953 and 73.6140 respectively on last Friday.

According to an RBI press release, the exchange rates for the pound and yen against the rupee were quoted at 94.2788 and 52.62 per 100 yen, respectively, based on reference rates for the dollar and cross-currency quotes at noon. The SDR-Rupee rate would be based on this rate, the release added.