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( 16/04/2018 15:04)
RBI sets rupee reference rate at 65.4476 against US dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 65.4476 against the US dollar and 80.7362 for the euro.

The corresponding rates were 65.2226 and 80.3412, as on Friday.

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 93.2759 and 61.02 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.

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