RBI fixes reference rate at Rs 49.97 per USD

Mumbai, Nov 25 (UNI) The Reserve Bank of India (RBI) today fixed the reference rate for US dollar at Rs 49.97 per unit, down by 12 paise, against its yesterday's rate of Rs 50.09 per dollar.

However, the reference rate for Euro was up by 81 paise to Rs 64.21 per unit from its last close of Rs 63.40 per unit, an RBI release said.

The exchange rates for Pound and Japanese Yen against the rupee were quoted at Rs 75.4522 (Rs 74.9071) per Pound and Rs 51.87 (Rs 52.53) per 100 units of Yen, the release added.

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