The Reserve Bank of India today fixed the reference rate for the US dollar at Rs 39.95, down 7 paise from its yesterday's rate of Rs 40.02 per USD.
The six-month premium was quoted almost lower at 2.14 (2.20 per cent and annualised premium ended also softer at 1.56 (1.60) per cent. The Rupee ended the session at 63.27 (62.75) against the Euro. It closed at 78.95 (78.68)) per unit against the Pound Sterling. However, Yen finished at 38.70 (38.90) per hundred units against the Japanese Yen.