Indian rupee was trading almost flat against the US dollar on Wednesday ahead of the US Fed policy rate decision, which is scheduled to come out later in the day. The US Federal Reserve's two-day meet will end on Wednesday and investors expect the central bank to raise interest rates for the third time since December. Meanwhile, domestic equity markets opened in green following firm global cues.
The partially convertible currency is currently trading almost flat from its previous close of 64.34 on Tuesday. The currency touched a high and low of 64.3625 and 64.31 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.44 and for Euro stood at 72.14 on June 13, 2017. While the RBI’s reference rate for the Yen stood at 58.59, the reference rate for the Great Britain Pound (GBP) stood at 81.74. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| June 13, 2017 | 64.4453 | 81.7424 |
| June 12, 2017 | 64.3407 | 82.0859 |
