RBI sets rupee reference rate at 63.9097 against USD

The Reserve Bank of India today fixed the reference rate of the rupee at 63.9097 against the US dollar and 80.1683 for the euro.

The corresponding rates were 63.9222 and 79.6790 yesterday.

The according to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.3108 and 60.46 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.