Indian rupee strengthened against dollar in early deals on Friday, snapping its two-day falling streak, on fresh selling of the US currency by exporters and banks amid sustained foreign funds inflows. Further, a strong opening in the domestic equity market also supported the rupee's uptrend. On the global front, the euro skidded to two-month lows against the dollar on Friday, after the European Central Bank hinted at more stimulus in December, tipping the common currency into one of its biggest falls in recent years. The currency market was closed on Thursday on account of Dussehra.
The partially convertible currency is currently trading at 64.88, stronger by 24 paise from its previous close of 65.12 on Wednesday. The currency touched a high and low of 64.8925 and 64.7750 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 65.15 and for Euro stood at 73.97 on October 21, 2015. While, the RBI’s reference rate for the Yen stood at 54.31 the reference rate for the Great Britain Pound (GBP) stood at 100.5350. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| October 21, 2015 | 65.1513 | 100.5350 |
| October 20, 2015 | 64.8908 | 100.3926 |
