Indian rupee hit a fresh three month high against dollar on Friday on renewed demand from American currency from banks and importers while, negative local equities also weighed on the sentiment. However, weakness of American greenback overseas also restricted further appreciation of Indian currency. On the global front, dollar nursed losses on Friday after taking a hit from underwhelming US economic data, while euro found support from signs that cash strapped Greece was making progress towards securing fresh funding.
The partially convertible currency is currently trading at 63.42, weaker by 10 paise from its previous close of 63.32 on Thursday. The currency touched a high and low of 63.50 and 63.21 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.18 and for Euro stood at 67.65 on April 23, 2015. While, the RBI’s reference rate for the Yen stood at 52.75, the reference rate for the Great Britain Pound (GBP) stood at 94.9355. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| April 23, 2015 | 63.18 | 94.9355 |
| April 22, 2015 | 62.81 | 93.8505 |
(RBI-Reference Rate)
