RBI sets rupee reference rate at 68.0858 against US dollar

Mumbai: The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 68.0858 against the US dollar and 74.0637 for the euro.
These rates were 67.9803 and 73.8130 respectively on Wednesday.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 97.0155 and 57.36 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.

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