Published on 19/05/2017 2:26:05 PM | Source: Dion Global Solutions Ltd
RBI sets rupee reference rate at 64.9906 against dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 64.9906 against the US dollar and 72.2955 for the euro. The corresponding rates were 64.3441 and 71.6214, yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.3063 and 57.80 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.