RBI sets rupee reference rate at 67.2430 against US dollar

dc-Cover-d1k6tp2o6p2k522r82h1on2gu5-20160719095502.MediRBI fixed the reference rate of the rupee at 67.2430 against the US dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 67.2430 against the US dollar and 73.7992 for the euro. These rates were at 67.1355 and 74.0303 respectively, last Friday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 88.3506 and 63.37 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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