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RBI sets rupee reference rate at 66.7885 against dollar

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RBI sets rupee reference rate at 66.7885 against dollar
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Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 66.7885 against the US dollar and 72.9264 for the euro.

These rates were 66.6690 and 72.5292, respectively, on Friday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 97.0570 and 56.93 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.

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