Indian rupee weakened marginally against dollar in early deals on Tuesday due to month-end demand for the US currency from importers. Besides, a lower opening in domestic equity markets too kept pressure on the rupee. However, dollar's weakness against other currencies overseas capped some losses. On the global front, the dollar was on the back foot in Asia on Tuesday after disappointing US home sales data pushed down Treasury yields and prompted investors to pare bets that the US Federal Reserve would opt to hike interest rates before year-end.
The partially convertible currency is currently trading at 64.97, little changed from its previous close of 64.96 on Monday. The currency touched a high and low of 64.9950 and 64.94 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.96 and for Euro stood at 71.64 on October 26, 2015. While, the RBI’s reference rate for the Yen stood at 53.63 the reference rate for the Great Britain Pound (GBP) stood at 99.54. The reference rates are based on 12 noon rates of a few select banks in Mumbai
| Date | 1US$ | 1GBP |
| October 26, 2015 | 64.9603 | 99.5452 |
| October 23, 2015 | 64.8815 | 99.8851 |
(RBI-Reference Rate)
