RBI sets rupee reference rate at 65.98 against dollar

Tuesday, Nov 17, 2015,14:28 IST By Metrovaartha A A A

Mumbai | The Reserve Bank of India today fixed the reference rate of the rupee at 65.98 against the US dollar and 70.34 for the euro.

These rates were 66.16 and 70.97, respectively, yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 100.10 and 53.48 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

The SDR-rupee rate will be based on this rate, the statement added.