Indian rupee was trading marginally weaker after a positive start on Friday, earlier the rupee strengthened on continued selling of the American currency by banks and exporters. Strong opening in domestic equity market as domestic investors and foreign funds indulged in sustained buying ahead of key industrial output numbers to be released later in the day, also supported rupee to some extent. On the global front, the dollar was buoyant on Friday, rising to a 1-1/2-week high versus the yen, on comments by US President Donald Trump that he would announce the most ambitious tax reform plan since the Reagan era in the next few weeks.
The partially convertible currency is currently trading at 66.88, weaker by 3 paise from its previous close of 66.85 on Thursday. The currency touched a high and low of 66.9150 and 66.8250 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.01 and for Euro stood at 71.54 on February 09, 2017. While the RBI’s reference rate for the Yen stood at 59.71, the reference rate for the Great Britain Pound (GBP) stood at 83.81. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| February 09, 2017 | 67.0123 | 83.8190 |
| February 08, 2017 | 67.3058 | 84.1659 |
