Indian rupee weakened against US dollar and hit its fresh six-month low on Tuesday, on account of buying of American currency by banks and importers. Rupee fell further as foreign investors continued to liquidate its holding in local equity markets on weak cues of both domestic as well as global fronts. A firm dollar against global currencies overseas and domestic equities hitting a soft patch in early trade too weighed on rupee. On the global front, the yen stood tall on Tuesday after tensions on the Korean peninsula flared-up anew amid an escalating war of words between North Korea and the United States, while the euro struggled near a four-week low versus the dollar.
The partially convertible currency is currently trading at 65.33, weaker by 22 paise from its previous close of 65.11 on Monday. The currency touched a high and low of 65.3600 and 65.1100 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at 64.83 and for Euro stood at 77.30 on September 25, 2017. While the RBI's reference rate for the Yen stood at 57.75, the reference rate for the Great Britain Pound (GBP) stood at 87.93. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| September 25, 2017 | 64.8357 | 87.9367 |
| September 22, 2017 | 64.9596 | 88.3061 |
