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RBI sets rupee reference rate at 66.5977 against US dollar

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Press Trust of India Mumbai
Last Updated : May 12 2016 | 3:28 PM IST
The Reserve Bank of India today fixed the reference rate of the rupee at 66.5977 against the US dollar and 76.0612 for the euro.
These rates were 66.6958 and 75.9665 respectively yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.1538 and 61.16 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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First Published: May 12 2016 | 3:28 PM IST

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