An employee counts U.S. dollar banknotes at a branch of the Industrial and Commercial Bank of China in Huaibei
An employee counts U.S. dollar banknotes at a branch of the Industrial and Commercial Bank of China in Huaibei, Anhui province in this file photo. REUTERS

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for euro at 60.96 rupees and the reference rate for the U.S. dollar at 44.25 rupees.

The corresponding rates were 61.11 rupees per euro and 44.39 rupees per U.S. dollar respectively as against to the previous date on November 10, 2010.

The exchange rates of pound and Japanese yen against to the Indian rupee is 71.4372 rupees per pound and 53.81 rupees per 100 yen, respectively.

The corresponding rates were 71.0329 rupees per pound and 54.25 rupees per 100 yen respectively as against to the previous date on November 10, 2010.

The reference rates are based on 12 noon rates of a few select banks in Mumbai and the special drawing rights-rupee rate rate will be based on this rate, a RBI press release showed on Thursday.

India RBI U.S. India