Indian rupee depreciated against the US dollar in early trade on Wednesday, tracked by losses in Asian currencies. Most of the Asian currencies were trading lower against the dollar. Further, increased demand for the American unit from importers also weighed on the local currency. Though, a higher opening in the domestic equity market capped some losses in rupee. On the global front, the dollar edged down against a basket of currencies on Wednesday but remained underpinned by rising US Treasury yields, as investors warily watched developments in Greece's ongoing talks to avert financial crisis.
The partially convertible currency is currently trading at 63.94, weaker by 2 paise from its previous close of 63.92 on Tuesday. The currency touched a high and low of 64.05 and 63.8525 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.93 and for Euro stood at 72.36 on June 9, 2015. While, the RBI’s reference rate for the Yen stood at 51.46, the reference rate for the Great Britain Pound (GBP) stood at 98.2696. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| June 09, 2015 | 63.9360 | 98.2696 |
| June 08, 2015 | 64.11 | 97.8447 |
(RBI-Reference Rate)
