RBI sets rupee reference rate at 66.8806 against US dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 66.8806 against the US dollar and 75.0735 for the euro.

These rates were 67.3680 and 74.7583, respectively, yesterday.

According to an RBI statement, exchange rates for the pound and the yen against the rupee were quoted at 95.1644 and 59.59 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.