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RBI sets rupee reference rate at 67.8125 against dollar

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The Reserve Bank of India today fixed the reference rate of the rupee at 67.8125 against the US dollar and 72.5526 for the euro.

The corresponding rates were 68.0426 and 72.9621, last Friday.

According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 84.8470 and 59.77 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.

(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Source: dnaindia.com