Published on 16/03/2017 3:40:17 PM | Source: Dion Global Solutions Ltd.

RBI sets rupee reference rate at 65.3836 against dollar

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


The Reserve Bank of India has fixed the reference rate of the rupee at 65.3836 against the US dollar and 70.1893 for the euro. The corresponding rates were 65.5146 and 69.6224, previously.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 80.2649 and 57.73 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.