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RBI sets rupee reference rate at 66.7407 against US dollar

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Press Trust of India Mumbai
Last Updated : Aug 08 2016 | 1:32 PM IST
The Reserve Bank of India today fixed the reference rate of the rupee at 66.7407 against the US dollar and 74.0622 for the euro.
These rates were at 66.8141 and 74.4510 respectively, last Friday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 87.2768 and 65.40 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: Aug 08 2016 | 1:32 PM IST

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