RBI Sets Rupee Reference Rate At 66.0605 Against Dollar


MUMBAI:The Reserve Bank of India  fixed the reference rate of rupee at 66.0605 against the U.S. dollar and 74.9655 for the euro as against 66.1610 and 75.8867 respectively.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 102.3475 and 55.08 per 100 yen, 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.

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Source: PTI