RBI sets rupee reference rate at 67 against US dollar


MUMBAI: The Reserve Bank of India (RBI) on Thursday fixed the reference rate of the rupee at 66.60 against the United States (US) dollar and 76.06 for the euro.

These rates were 66.70 and 75.97 respectively on Wednesday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.15 and 61.16 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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