RBI reference rate for US dollar, euro

The Reserve Bank of India on Wednesday fixed the reference rate of rupee against US dollar at 62.3330 and the euro at 84.6848 as against 62.3443 and 84.4570 on Tuesday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.1825 and 60.77 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.