RBI sets rupee reference rate at 68.4365 against US dollar
Mumbai : The Reserve Bank of India today fixed the reference rate of the rupee at 68.4365 against the US dollar and 77.3606 for the euro.
These rates were 68.0155 and 76.8439 respectively, yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.9797 and 60.94 per 100 yens, 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.