Indian rupee depreciated against dollar in early deals on Thursday on dollar's firmness against euro and other currencies overseas. Though, a higher opening in the domestic equity market, industrial production growing at a 4-month high of 3.8% in June and inflation falling to 3.78% in July, capped some losses. On the global front, the dollar retreated broadly after tumbling over 1% to one-month lows against the other major currencies on Wednesday, with the market awaiting the Chinese currency's daily fixing for clues on how far Beijing will let it slide.
The partially convertible currency is currently trading at 64.92, weaker by 15 paise from its previous close of 64.77 on Wednesday. The currency touched a high and low of 64.96 and 64.6350 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.82 and for Euro stood at 71.82 on August 12, 2015. While, the RBI’s reference rate for the Yen stood at 51.91, the reference rate for the Great Britain Pound (GBP) stood at 101.0005. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| August 12, 2015 | 64.8270 | 101.0005 |
| August 11, 2015 | 64.1732 | 99.8471 |
(RBI-Reference Rate)
