RBI Updates Reference Rates: USD at Rs. 66.7233, Euro Rs. 75.4907, GBP Rs. 96.5953, 100 Yen Rs. 61.07 on May 17, 2016.
The Reserve Bank of India set the reference rate for the US Dollar at Rs. 66.7233 on May 17, 2016, down from Rs. 66.8216 on May 16, 2016. Based on this reference rate and cross-currency quotes, the exchange rates for the Euro, British Pound, and Japanese Yen against the Rupee were also provided. On May 17, the Euro was Rs. 75.4907, the British Pound was Rs. 96.5953, and 100 Japanese Yen were Rs. 61.07. The SDR-Rupee rate is determined based on this reference rate.