Indian rupee weakened against US dollar in early deals on Monday due to the dollar’s gain against other currencies overseas. Further, fresh demand for the American unit from importers and a lower opening in the domestic equity market too added pressure on the rupee. On the global front, the euro fell on Monday, while the safe-haven yen rallied after Greeks voted to reject terms of a rescue package, deepening the country's financial crisis that could splinter Europe if creditors refuse further aid.
The partially convertible currency is currently trading at 63.62, weaker by 19 paise from its previous close of 63.43 on Friday. The currency touched a high and low of 63.63 and 63.5625 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.3963 and for Euro stood at 70.33 on July 3, 2015. While, the RBI’s reference rate for the Yen stood at 51.49, the reference rate for the Great Britain Pound (GBP) stood at 98.9426. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| July 03, 2015 | 63.3963 | 98.9426 |
| July 02, 2015 | 63.5705 | 99.2018 |
(RBI-Reference Rate)
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