RBI sets rupee reference rate at 64.5088 against dollarhttps://indianexpress.com/article/business/economy/rbi-sets-rupee-reference-rate-at-64-5088-against-dollar-4673126/

RBI sets rupee reference rate at 64.5088 against dollar

The SDR-rupee figure will be based on this rate, the statement added.

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The corresponding rates were 64.8586 and 72.4730, yesterday.

The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 64.5088 against the US dollar and 72.4692 for the euro. The corresponding rates were 64.8586 and 72.4730, yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 83.7711 and 57.74 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.