Indian rupee was trading almost flat against the US dollar on Wednesday, tracking the weakness in the domestic equity markets. Meanwhile, investors remained cautious ahead of the July 1 roll out of Goods and Services Tax (GST). On the global front, the euro hit a 10-month high on Wednesday after the European Central Bank chief hinted the days of the ECB's aggressive stimulus are numbered, and as the dollar was pressured after a vote on US healthcare legislation was delayed.
The partially convertible currency is currently trading almost flat from its previous close of 64.53 on Tuesday. The currency touched a high and low of 64.5950 and 64.5075 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 64.45 and for Euro stood at 72.19 on June 27, 2017. While the RBI’s reference rate for the Yen stood at 57.71, the reference rate for the Great Britain Pound (GBP) stood at 82.07. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| June 27, 2017 | 64.4572 | 82.0798 |
| June 23, 2017 | 64.5365 | 81.9743 |
(RBI-Reference Rate)
