Indian rupee weakened against dollar in early deals on Friday, on fresh demand for the American currency from importers and banks. However, a firm domestic equity market capped the losses. On the global front, the dollar steadied in Asian trading on Friday but remained on track for weekly losses, as investors braced for US employment figures later in the session for the latest clues on the outlook for the Federal Reserve's monetary tightening path.
The partially convertible currency is currently trading at 67.65, weaker by 9 paise from its previous close of 67.56 on Thursday. The currency touched a high and low of 67.68 and 67.58 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.80 and for Euro stood at 75.13 on February 04, 2016. While the RBI’s reference rate for the Yen stood at 57.42, the reference rate for the Great Britain Pound (GBP) stood at 98.7914. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| February 04, 2016 | 67.8093 | 98.7914 |
| February 03, 2016 | 68.1825 | 98.3192 |
