Indian rupee weakened against US dollar on Friday on account of increased demand for the American currency from importers and banks. Further, a firm dollar against some global currencies overseas also weighed on the rupee but a higher opening of the domestic equity market capped the fall. On the global front, the euro held steady below a three-week high against the dollar on Friday, as investors awaited this weekend's first round of voting in France's presidential election.
The partially convertible currency is currently trading at 64.59, weaker by 3 paise from its previous close of 64.56 on Thursday. The currency touched a high and low of 64.6675 and 64.57 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.63 and for Euro stood at 69.33 on April 20, 2017. While the RBI’s reference rate for the Yen stood at 59.35, the reference rate for the Great Britain Pound (GBP) stood at 82.80. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| April 20, 2017 | 64.6364 | 82.8057 |
| April 19, 2017 | 64.5443 | 82.7458 |
