Published on 14/07/2017 3:07:40 PM | Source: Dion Global Solutions Ltd.

RBI sets rupee reference rate at 64.4539 against dollar

Posted in Economy News| #US dollar #RBI #Economy #Banking Sector

The Reserve Bank of India today fixed the reference rate of the rupee at 64.4539 against the US dollar and 73.5677 for the euro. The corresponding rates were 64.4384 and 73.7884, yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.5451 and 56.90 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon. The SDR-rupee figure will be based on this rate, the statement added.