Indian rupee was trading higher after a weak start on Friday. Earlier, the rupee weakened against the US dollar on buying of American currency by banks and importers. Lower opening in the domestic equity market also weighed on the rupee. On the global front, the dollar skidded against the safe-haven Japanese yen on Friday after the United States launched cruise missiles at an airbase in Syria, raising concerns of a sharp escalation in the Syrian civil war.
The partially convertible currency is currently trading at 64.39, stronger by 14 paise from its previous close of 64.53 on Thursday. The currency touched a high and low of 64.6550 and 64.33 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.97 and for Euro stood at 69.39 on April 06, 2017. While the RBI’s reference rate for the Yen stood at 58.79, the reference rate for the Great Britain Pound (GBP) stood at 81.15. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| April 06, 2017 | 64.9791 | 81.1524 |
| April 05, 2017 | 65.0438 | 80.8755 |
(RBI-Reference Rate)
