Indian rupee weakened against dollar in the early deals on Monday due to appreciation of the American currency overseas. Further, increased demand for the US currency from importers and a weak trend in the domestic equity market in early trade, too weighed on the rupee. On the global front, the dollar held firm on Monday as traders looked to prospects of a US rate hike next month, while the yen was little moved after data showed Japan's economy shrank in the April-June quarter.
The partially convertible currency is currently trading at 65.23, weaker by 22 paise from its previous close of 65.01 on Friday. The currency touched a high and low of 65.2625 and 65.15 respectively.The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 65.12 and for Euro stood at 72.55 on August 14, 2015. While, the RBI’s reference rate for the Yen stood at 52.35, the reference rate for the Great Britain Pound (GBP) stood at 101.6171. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| August 14, 2015 | 65.1225 | 101.6171 |
| August 13, 2015 | 64.9212 | 101.4394 |
(RBI-Reference Rate)
