Indian rupee strengthened against US dollar in early deal on Tuesday on sustained selling of the American currency by exporters and banks. Further, increased capital inflows as well as higher opening in the domestic equity markets too supported rupee. Though, dollar's strength against other currencies overseas including euro limited the gains.
The partially convertible currency is currently trading at 63.37, stronger by 3 paise from its previous close of 63.40 on Monday. The currency touched a high and low of 63.3950 and 63.30 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.57 and for Euro stood at 70.29 on July 6, 2015. While, the RBI’s reference rate for the Yen stood at 51.89, the reference rate for the Great Britain Pound (GBP) stood at 99.1062. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| July 06, 2015 | 63.5785 | 99.1062 |
| July 03, 2015 | 63.3963 | 98.9426 |
(RBI-Reference Rate)
