Indian rupee was trading stronger against dollar on Tuesday on dollar sales by state run banks, while gains of local equities also boosted sentiment. Besides, strength in other Asian currencies against the dollar also added to the optimistic environment for the local unit. The currency after making a flat start, recouped a lot of ground to trade stronger in early afternoon deals. On the global front, dollar was trading mixed against major currencies on Tuesday, with the euro providing to modest gains against the greenback after euro zone finance ministers moved away from fixing a deadline for Greece to come up with fiscal reforms.
The partially convertible currency is currently trading at 62.74, stronger by 12 paise from its previous close of 62.86 on Tuesday. The currency touched a high and low of 62.85 and 62.71 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 62.92 and for Euro stood at 67.34 on April 21, 2015. While, the RBI’s reference rate for the Yen stood at 52.65, the reference rate for the Great Britain Pound (GBP) stood at 93.5746. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| April 21, 2015 | 62.92 | 93.5746 |
| April 20, 2015 | 62.56 | 93.5634 |
(RBI-Reference Rate)
