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RBI sets rupee reference rate at 66.8468 against dollar

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Mumbai :The Reserve Bank of India today fixed the reference rate of the rupee at 66.8468 against the US dollar and 73.1571 for the euro.

These rates were 67.0435 and 73.9289, respectively, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 100.5777 and 54.84 per 100 yens, 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.

The Reserve Bank of India today fixed the reference rate of the rupee at 66.8468 against the US dollar and 73.1571 for the euro.

These rates were 67.0435 and 73.9289, respectively, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 100.5777 and 54.84 per 100 yens, 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.

PTI