RBI fixes reference rate at Rs 50.03 per USD

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Mumbai, Nov 21 (UNI) The Reserve Bank of India (RBI) today fixed the reference rate for US dollar at Rs 50.03 per unit, down by 49 paise, against its yesterday's rate of Rs 50.52 per dollar.

Similarly, the reference rate for Euro declined by 41 paise to Rs 62.71 per unit from its last close of Rs 63.12 per unit, an RBI release said.

The exchange rates for Pound and Japanese Yen against the rupee were quoted at Rs 74.4296 (Rs 75.5426) per Pound and Rs 52.66 (Rs 53.12) per 100 units of Yen, the release added.


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