Monday, 21 August 2017

RBI sets rupee reference rate at 64.0285 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.0285 against the US dollar and 75.2143 for the euro. The corresponding rates were 64.1048 and 75.2078, as on Aug 18,2017.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 82.3983 and 58.68 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.



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