The Reserve Bank of India (RBI) today fixed the reference rate at Rs 48.73 per US Dollar, nine paise down against yesterday's rate of Rs 48.82 per Dollar.
The reference rate for Euro also slashed by 40 paise at Rs 62.29 per unit, against its previous rate of Rs 62.69 per unit, an RBI release said.
The exchange rates for Pound and Japanese Yen were quoted at Rs 71.2676 (Rs 70.4790) per Pound and Rs 53.58 (Rs 54.57) per 100 units of Yen, the release added.
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