Reserve Bank of India sets rupee reference rate at 63.3914 against US dollarhttps://indianexpress.com/article/business/banking-and-finance/reserve-bank-of-india-sets-rupee-reference-rate-at-63-3914-against-us-dollar-5011263/

Reserve Bank of India sets rupee reference rate at 63.3914 against US dollar

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 85.7432 and 56.31 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

RBI sets rupee reference rate at 63.3914
The SDR-rupee figure will be based on this rate, an RBI statement said.(Express Photo)

The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 63.3914 against the US dollar and 76.2472 for the euro.

The corresponding rates were 63.4833 and 76.5418, on Wednesday.

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 85.7432 and 56.31 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.

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