RBI sets rupee reference rate at 65.7604 against dollar

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 87.9808 and 58.18 per 100 yens, respectively.

Published: September 28, 2017 6:16 pm
Rupee, Rupee against dollar, rupee rate, rupee value, Rupee today, RBI, reserve bank of india, Indian market, india market, india economy, india currency, business news The corresponding rates were 65.6947 and 77.3686, as on Wednesday.

The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 65.7604 against the US dollar and 77.1764 for the euro. The corresponding rates were 65.6947 and 77.3686, as on Wednesday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 87.9808 and 58.18 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.

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