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News RBI

  • May 21, 2018
  • RBI sets rupee reference rate at 68.0883 against dollar

    The Reserve Bank of India today fixed the reference rate of the rupee at 68.0883 against the US dollar and 79.9289 for the euro. The corresponding rates were 67.9577 and 80.2784, as on Friday 18th. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 91.4085 and 61.15 per 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 added.

    Source - https://www.outlookindia.com