RBI sets rupee reference rate at 64.6025 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.6025 against the US dollar and 71.9413 for the euro.

The corresponding rates were 64.4672 and 71.9583, as on June 20.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 81.5348 and 58.07 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.