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  Business   Market  11 May 2018  RBI sets rupee reference rate at 67.2203 against US dollar

RBI sets rupee reference rate at 67.2203 against US dollar

PTI
Published : May 11, 2018, 3:10 pm IST
Updated : May 11, 2018, 3:10 pm IST

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.2203 against the US dollar and 80.0863 for the euro.

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.2203 against the US dollar and 80.0863 for the euro.
 The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.2203 against the US dollar and 80.0863 for the euro.

Mumbai: The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.2203 against the US dollar and 80.0863 for the euro.

The corresponding rates were 67.3786 and 79.8908, yesterday. The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.8751 and 61.43 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.

Tags: reserve bank of india, reference rate, us dollar, indian rupee
Location: India, Maharashtra, Mumbai (Bombay)