RBI sets rupee reference rate at 68.06 against dollar

Thursday, Jan 21, 2016,16:02 IST By Metrovaartha A A A

Mumbai | The Reserve Bank of India today fixed the reference rate of the rupee at 68.06 against the US dollar and 74.16 for the euro. These rates were 67.97 and 74.48, respectively, yesterday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.5567 and 58.30 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.