RBI sets rupee reference rate at 64.2838 against US dollar

12/02/2018 14:38

The Reserve Bank of India today fixed the reference rate of the rupee at 64.2838 against the US dollar and 78.9341 for the euro.

The corresponding rates were 64.3686 and 78.8902, last Frirday.

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 89.0202 and 59.14 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.