Reserve Bank of India sets rupee reference rate at 64.3799 against US dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.3799 against the US dollar and 76.3739 for the euro.
A Reserve Bank of India (RBI) logo is seen at the entrance gate of its headquarters in Mumbai. | REUTERS
A Reserve Bank of India (RBI) logo is seen at the entrance gate of its headquarters in Mumbai. | REUTERS

MUMBAI: The Reserve Bank of India today fixed the reference rate of the rupee at 64.3799 against the US dollar and 76.3739 for the euro.

The corresponding rates were 64.4332 and 76.4887, as on November 30.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 86.6360 and 57.04 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.

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