Indian rupee strengthened against dollar in early trade on Friday on account of increased selling of the US currency by exporters and banks. Besides, dollar's weakness against rivals overseas also supported the domestic currency. On the global front, the dollar takes a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic growth.
The partially convertible currency is currently trading at 66.10, stronger by 8 paise from its previous close of 66.18 on Thursday. The currency touched a high and low of 66.1450 and 66.07 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.11 and for Euro stood at 70.77 on November 19, 2015. While, the RBI’s reference rate for the Yen stood at 53.62 the reference rate for the Great Britain Pound (GBP) stood at 101.0301. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| November 19, 2015 | 66.1105 | 101.0301 |
| November 18, 2015 | 66.1138 | 100.5128 |
(RBI-Reference Rate)
