Indian rupee traded stronger against dollar in early deals on Tuesday, snapping its three-day losing streak, on fresh selling of the US currency by banks and exporters. Further, weakening of dollar against other currencies overseas and recovery in domestic stock markets too supported the domestic currency. On the global front, the dollar dipped against the yen on Tuesday, reversing earlier modest gains as Asian equities tottered and put the safe-haven Japanese currency in favour.
The partially convertible currency is currently trading at 66.66, stronger by 17 paise from its previous close of 66.83 on Monday. The currency touched a high and low of 66.7950 and 66.63 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.74 and for Euro stood at 74.27 on September 7, 2015. While, the RBI’s reference rate for the Yen stood at 55.93, the reference rate for the Great Britain Pound (GBP) stood at 101.3649. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| September 07, 2015 | 66.7445 | 101.3649 |
| September 04, 2015 | 66.4003 | 101.1941 |
(RBI-Reference Rate)
