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  Business   Market  31 May 2018  RBI sets rupee reference rate at 67.4526 against dollar

RBI sets rupee reference rate at 67.4526 against dollar

PTI
Published : May 31, 2018, 2:05 pm IST
Updated : May 31, 2018, 2:05 pm IST

The exchange rates for the pound and the yen against the rupee were 89.7929 and 62.04 per 100 yens, respectively.

Reserve Bank of India on Thursday fixed the reference rate of the rupee at 67.4526 against the US dollar and 78.7914 for the euro.
 Reserve Bank of India on Thursday fixed the reference rate of the rupee at 67.4526 against the US dollar and 78.7914 for the euro.

Mumbai: The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 67.4526 against the US dollar and 78.7914 for the euro. The corresponding rates were 67.6288 and 78.1992, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 89.7929 and 62.04 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, indian rupee, us dollar, reference rate, foreign exchange
Location: India, Delhi, New Delhi