RBI sets rupee reference rate at 64.9366 against US Dollar

15 March 2018, 06:51 PM
The RBI fixed the reference rate of rupee at 64.9366 against the US dollar. (Image Source: PTI)
The RBI fixed the reference rate of rupee at 64.9366 against the US dollar. (Image Source: PTI)

The Reserve Bank of India fixed the reference rate of the rupee at 64.9366 against the US dollar and 80.3201 for the euro on Thursday.

The corresponding rates were 64.9875 and 80.5845 on Wednesday.

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.7229 and 61.27 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes.

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

First Published: Thursday, March 15, 2018 06:24 PM
For all the latest Business News Download the News Nation App available on Android and iOS.