RBI sets rupee reference rate at 67.7060 against US dollar

Tuesday, May 24, 2016,14:06 IST By Metrovaartha A A A

Mumbai | The Reserve Bank of India today fixed the reference rate of the rupee at 67.7060 against the US dollar and 75.9323 for the euro. These rates were 67.3492 and 75.6197 respectively, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.0654 and 61.97 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.