RBI sets rupee reference rate at 64.4538 against dollar

RBI sets rupee reference rate at 64.4538 against dollar
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The Reserve Bank of India today fixed the reference rate of the rupee at 64.4538 against the US dollar and 72.6588 for the euro. The corresponding rates were 64.3516 and 72.5178, yesterday.

Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 64.4538 against the US dollar and 72.6588 for the euro. The corresponding rates were 64.3516 and 72.5178, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.2485 and 58.93 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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