RBI sets rupee reference rate at 65.2525 against dollar

Mumbai: The Reserve Bank of India today fixed the reference rate of rupee at 65.2525 against the US dollar and 72.1954 for the euro as against 65.2200 and 72.3942 respectively, last Monday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 102.2507 and 52.50 per 100 yen, 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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