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Last Updated : May 18, 2018 03:32 PM IST | Source: PTI

RBI sets rupee reference rate at 67.9577 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 67.9577 against the US dollar and 80.2784 for the euro.

The Reserve Bank of India today fixed the reference rate of the rupee at 67.9577 against the US dollar and 80.2784 for the euro.

The corresponding rates were 67.7156 and 79.8909, as on yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 91.8788 and 61.31 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.
First Published on May 18, 2018 03:13 pm
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