PJ:RBI fixes rupee reference rate at 62.2260 against dollar
Mumbai: The Reserve Bank of India on Monday fixed the reference rate of rupee against US dollar at 62.2260 and the euro at 84.6410 as against 62.3948 and 84.9755 on last Friday.
In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 102.1378 and 60.74 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 and the SDR-Rupee rate would be based on this rate, the release added.
