RBI sets rupee reference rate at 67.44 against US dollar

Wednesday, May 25, 2016,13:41 IST By Metrovaartha A A A

Mumbai | The Reserve Bank of India today fixed the reference rate of the rupee at 67.44 against the US dollar and 75.20 for the euro. Yesterday, these rates were 67.70 and 75.93, respectively.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.55 and 61.32 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, it added.