RBI sets rupee reference rate at 66.5040 against US dollar

Monday, Mar 21, 2016,13:34 IST By Metrovaartha A A A

Mumbai | The Reserve Bank of India today fixed the reference rate of the rupee at 66.5040 against the US dollar and 74.9168 for the euro. These rates were 66.6088 and 75.3012, respectively, on March 18, 2016.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 95.8722 and 59.66 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.