Published on 14/11/2017 4:31:40 PM | Source: Dion Global Solutions Ltd

RBI sets rupee reference rate at 65.5171 against US dollar

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

The Reserve Bank of India today fixed the reference rate of the rupee at 65.5171 against the US dollar and 76.4781 for the euro. The corresponding rates were 65.4272 and 76.2161 yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 85.9388 and 57.65 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.