Business

RBI sets rupee reference rate at 66.09 against dollar

Mumbai, November 20: The Reserve Bank of India today fixed the reference rate of the rupee at 66.0940 against the US dollar and 70.8594 for the euro.

These rates yesterday were fixed at 66.1105 and 70.7779 respectively.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 101.0379 and 53.82 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

The SDR-rupee rate will be based on this rate, the statement added.

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