RBI sets rupee reference rate at 64.7209 against dollar

RBI sets rupee reference rate at 64.7209 against dollar
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The Reserve Bank of India today fixed the reference rate of the rupee at 64.7209 against the US dollar and 73.5035 for the euro. The corresponding rates were 64.8168 and 73.5995, yesterday. 

Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 64.7209 against the US dollar and 73.5035 for the euro. The corresponding rates were 64.8168 and 73.5995, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.6065 and 57.15 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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