Indian rupee, moving in narrow range for yet another session, was trading hardly changed from Wednesday’s close on Thursday in absence of any major cues. However, the mood remained to be positive on account of dollar inflows towards debt investments, while slender gains in local equities also aided the sentiment. Nevertheless, weakness of euro weighed on the sentiment. On the global front, euro staggered near two years on concerns over further ECB stimulus injections.
The partially convertible currency is currently trading at 61.88, hardly changed from its previous close of 61.91 on Wednesday. The currency touched a high and low of 61.95 and 61.86 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 61.88 and for Euro stood at 76.57 on December 03, 2014. While, the RBI’s reference rate for the Yen stood at 51.93, the reference rate for the Great Britain Pound (GBP) stood at 96.8278.
| Date | 1US$ | 1GBP |
| December 03, 2014 | 61.88 | 96.8278 |
| December 2, 2014 | 61.92 | 97.3902 |
(RBI-Reference Rate)
