May 30 2016 02:56 PM
Mumbai:On Monday,the Reserve Bank of India has set the reference rate of the rupee at 67.3398 besides the USD and 74.8415 for the euro. On last Friday, the rates were 67.0613 and 75.0885.
As per the RBI statement, “the exchange rates for the pound and the yen against the rupee were quoted at 98.4373 and 60.49 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.”
Statement further added, “The SDR-rupee figure will be based on this rate”.
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