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FBIL sets rupee reference rate at 72.5 against US dollar

Updated: 10-09-2018 16:40 IST

The Financial Benchmarks India private limited (FBIL) today fixed the reference rate of the rupee at 72.5745 against the US dollar and 83.8081 for the euro.

The corresponding rates were 71.9009 and 83.6744 as on Sep 07, 2018.

According to an FBIL statement, the exchange rates for the pound and the yen against the rupee were 93.7396 and 64.42 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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)