RBI sets Rupee reference rate at 68.0248 against Dollar

The Reserve Bank of India on Monday fixed the Rupee reference rate at 68.0248 against the US Dollar and 78.8543 for the Euro. The corresponding rates were 67.9739 and 78.6050,as on June 15, 2018.

An RBI statement says that the exchange rates for the Pound and the Yen against the Rupee were 90.2485 and 61.55per 100 yens, respectively, based on reference rates for the Dollar and cross-currency quotes at noon. The SDR-rupee figure will be based on this rate, the statement adds.