RBI sets rupee reference rate at 66.9131 against US dollar

The Reserve Bank of India fixed the reference rate of the rupee at 66.9131 against the dollar

The Reserve Bank of India fixed the reference rate of the rupee at 66.9131 against the US $ and 75.4847 for the Euro on Wednesday.

These rates were 66.7233 and 75.4907, respectively on Tuesday.

According to an RBI statement, the exchange rates for the pound and the Yen against the rupee were quoted at 96.6091 and 61.25 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.