Indian rupee again breached the 67-mark and weakened against US dollar in early deals on Thursday amid selling in most Asian currencies, ahead of the domestic WPI inflation readings scheduled for release later in the day. WPI readings can influence RBI's monetary policy. Further, strong demand for the American unit from importers and banks amid a lower opening in the domestic equity market also weighed on rupee. Though, the dollar’s weakness against some other currencies overseas limited the rupee’s fall.
The partially convertible currency is currently trading at 67.09, weaker by 24 paise from its previous close of 66.85 on Wednesday. The currency touched a high and low of 67.20 and 66.9550 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.83 and for Euro stood at 72.42 on January 13, 2016. While, the RBI’s reference rate for the Yen stood at 56.57 the reference rate for the Great Britain Pound (GBP) stood at 96.6030. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| January 13, 2016 | 66.8394 | 96.6030 |
| January 12, 2016 | 66.8905 | 97.1518 |
(RBI-Reference Rate)
