Don’t miss the latest developments in business and finance.

RBI sets rupee reference rate at 68.1825 against US dollar

Image
Press Trust of India Mumbai
Last Updated : Feb 03 2016 | 3:42 PM IST
The Reserve Bank of India today fixed the reference rate of the rupee at 68.1825 against the US dollar and 74.4553 for the euro.
These rates were 67.8340 and 73.9323, respectively, yesterday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.3192 and 56.98 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.

Also Read

First Published: Feb 03 2016 | 3:42 PM IST

Next Story