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RBI sets rupee reference rate at 64.5025 against dollar
Highlights
The Reserve Bank of India today fixed the reference rate of the rupee at 64.5025 against the US dollar and 73.4361 for the euro.
Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 64.5025 against the US dollar and 73.4361 for the euro.
The corresponding rates were 64.5405 and 73.5826, as on July 10,2017. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.0857 and 56.38 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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