Published on 20/03/2017 3:38:10 PM | Source: Dion Global Solutions Ltd.

RBI sets rupee reference rate at 65.3827 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 65.3827 against the US dollar and 70.3779 for the euro.

The corresponding rates were 65.5411 and 70.6074 last Friday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 81.0157 and 58.06 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.