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RBI sets rupee reference rate at 64.1188 against dollar

Mumbai: The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.1188 against the US dollar and 70.1332 for the euro. on Monday fixed the reference rate of the rupee at 64.1188 against the US dollar and 70.1332 for the euro.

The corresponding rates were 64.3043 and 69.8859, on May 15, 2017.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 82.8351 and 56.48 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.

PTI