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RBI sets rupee reference rate at 67.81 against US dollar

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.33 and 57.75 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

February 08, 2016 / 15:11 IST

The Reserve Bank of India today fixed the reference rate of the rupee at 67.81 against the US dollar and 75.5368 for the euro.

These rates were 67.63 and 75.73, respectively, as on February 5,2016.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.33 and 57.75 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.

first published: Feb 8, 2016 03:00 pm

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