Business Standard

RBI sets rupee reference rate at 67.40 against US dollar

The SDR-rupee figure will be based on this rate

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Press Trust of India Mumbai
The Reserve Bank of India (RBI) today fixed the reference rate of the rupee at 67.40 against the US dollar and 75.54 for the euro.

These rates were 67.23 and 75.45, respectively on Thursday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.45 and 61.17 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.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 20 2016 | 1:57 PM IST

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