RBI sets rupee reference rate at 66.8905 against dollar
MUMBAI: The Reserve Bank of India has fixed the reference rate of the rupee at 66.8905 against the US dollar and 72.7434 for the euro.
These rates were 66.7885 and 72.9264, respectively, yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 97.1518 and 56.91 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.
The SDR-rupee rate will be based on this rate, the statement added.
Read full article: TOI
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