| Date: |
27-06-2016 |
| Subject: |
Rupee opens at 68.08/$, down 12 paise |
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The Indian rupee opened lower by 12 paise at 68.04/$ against US Dollar on Monday as against the previous close of 67.96/$.
On Friday, the Indian currency ended lower by 71 paise at 67.96/$. The local unit had hit a high of 67.97 and a low of 68.05. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 68.01 and for Euro stood at 75.10. The RBI’s reference rate for the Yen stood at 66.45; reference rate for the Great Britain Pound (GBP) stood at 92.9553.
On the economy front, Raghuram G Rajan, Governor said that it looks increasingly clear that the United Kingdom has voted to exit the European Union. Markets are trying to factor the consequences of this development and this has already led to sharp corrections in financial markets around the world.
Source : indiainfoline.com
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