ADVERTISEMENT

RBI sets rupee reference rate at 68.0144 against U.S. dollar

June 24, 2016 02:58 pm | Updated October 18, 2016 02:40 pm IST - Mumbai

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 68.0144 against the U.S. dollar and 75.1015 for the euro.

These rates were 67.3702 and 76.3776 respectively, on Thursday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 92.9553 and 66.45 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

ADVERTISEMENT

The SDR-rupee figure will be based on this rate, the statement added.

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT