Indian rupee weakened against dollar in early deals on Tuesday on month-end demand for the US currency from importers amid capital outflows, but the dollar’s weakness against other currencies overseas and a higher opening of the domestic equity market capped the losses. On the global front, the yen was supported against the dollar on Tuesday, as soured risk sentiment favored the safe haven Japanese currency, while the Canadian dollar struggled near an 11-year low against the greenback as crude oil prices resumed their slide.
The partially convertible currency is currently trading at 66.37, weaker by 17 paise from its previous close of 66.20 on Monday. The currency touched a high and low of 66.3850 and 66.25 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.13 and for Euro stood at 72.55 on December 28, 2015. While, the RBI’s reference rate for the Yen stood at 54.92 the reference rate for the Great Britain Pound (GBP) stood at 98.6911. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| December 28, 2015 | 66.1380 | 98.6911 |
| December 23, 2015 | 66.2020 | 98.2967 |
(RBI-Reference Rate)
