RBI Sets US Dollar Reference Rate at Rs. 66.7442 on August 10, 2016; Euro at Rs. 74.3797.
The Reserve Bank of India set the reference rate for the US Dollar at Rs. 66.7442 on August 10, 2016, down from Rs. 66.9633 on August 9, 2016. Based on this rate and cross-currency quotes, the exchange rates for other currencies against the Rupee were as follows: 1 Euro was Rs. 74.3797, 1 British Pound was Rs. 87.0411, and 100 Japanese Yen was Rs. 65.84 on August 10, 2016. The Special Drawing Rights (SDR) to Rupee rate is determined based on this reference rate.