Published on 17/07/2017 5:35:49 PM | Source: Dion Global Solutions Ltd.

RBI sets rupee reference rate at 64.3666 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 64.3666 against the US dollar and 73.6933 for the euro. The corresponding rates were 64.4539 and 73.5677, as on July 14,2017. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 84.2173 and 57.12 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.