RBI sets rupee reference rate at 68.6573 against dollar

The Reserve Bank of India (RBI) on Monday fixed the reference rate of the rupee at 68.6573 against the US dollar and 80.7822 for the euro.

The corresponding rates were 68.8757 and 80.6328, as on July 06 2018.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 91.4653 and 62.16 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

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