Mumbai: The rupee on Tuesday crashed by 56 paise to close below the 68 level against the US dollar at the interbank foreign exchange market here.


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The domestic currency closed sharply down at 68.07/08 per dollar against the previous close of 67.51 per dollar on heavy dollar demand.


The pound sterling also finished higher at Rs 91.98/92.00 at the Interbank Foreign Exchange market.


Following are the Interbank forex and RBI rates : (In Rs per unit)


Unit Interbank RBI Reference US Dollar 68.07/08 Rs.67.5288 Pound Sterling 91.98/92.00 Rs.80.5281 Euro 80.90/92


Japanese yen (100) 61.93/95.