1. RBI sets rupee reference rate at 66.7621 against US dollar

RBI sets rupee reference rate at 66.7621 against US dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 66.7621 against the US dollar and 72.8174 for the euro.

By: | Mumbai | Published: October 26, 2016 2:25 PM

The Reserve Bank of India today fixed the reference rate of the rupee at 66.7621 against the US dollar and 72.8174 for the euro.

The corresponding rates were 66.8777 and 72.7897, respectively yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 81.3630 and 64.13 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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