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RBI sets rupee reference rate at 67.0885 against US dollar

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Press Trust of India Mumbai
Last Updated : Aug 23 2016 | 2:42 PM IST
The Reserve Bank of India today fixed the reference rate of the rupee at 67.0885 against the US dollar and 76.0381 for the euro.
These rates were at 67.1940 and 75.8083 respectively, yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 88.2885 and 67.03 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 23 2016 | 2:42 PM IST

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