Journalism of Courage
Advertisement
Premium

RBI sets rupee reference rate at 64.0538 against US dollar

According to a RBI statement, the exchange rates for the pound and the yen against the rupee were 85.6720 and 56.53 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon

RBI may cut rates on monsoon forecast According to a RBI statement, the exchange rates for the pound and the yen against the rupee were 85.6720 and 56.53 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon (File)

The Reserve Bank of India Tuesday fixed the reference rate of the rupee at 64.0538 against the US dollar and 76.0255 for the euro. The corresponding rates were 64.0409 and 75.8821, on last Friday.

According to a RBI statement, the exchange rates for the pound and the yen against the rupee were 85.6720 and 56.53 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.

From the homepage
Tags:
  • RBI
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
ExplainSpeakingUnderstanding US Fed’s dual mandate dilemma through 6 quotes from Jerome Powell
X