RBI sets rupee reference rate at 63.7364 against US dollar

Mumbai, Jan 11 (PTI) The Reserve Bank of India todayfixed the reference rate of the rupee at 63.7364 against theUS dollar and 76.1395 for the euro.The corresponding rates were 63.8264 and 76.1385,yesterday.The according to an RBI statement, the exchange ratesfor the pound and the yen against the rupee were 86.0123 and57.03 per 100 yens, respectively, based on reference rates forthe dollar and cross-currency quotes at noon.The SDR-rupee figure will be based on this rate, the statement added. PTI

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)