Indian rupee weakened against US dollar on Tuesday on bouts of fresh demand for dollars from importers and banks amid lower domestic equities. However, fresh foreign fund inflows and the dollar's weakness against a few currencies overseas capped some losses. On the global front, the dollar sagged on Tuesday, knocked away from eight-month highs versus the yen, as Treasury yields slipped on uncertainty over whether the Republicans can pass their tax bill in a timely manner.
The partially convertible currency is currently trading at 64.80, weaker by 12 paise from its previous close of 64.68 on Monday. The currency touched a high and low of 64.8750 and 64.6100 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at 64.72 and for Euro stood at 75.18 on November 06, 2017. While the RBI's reference rate for the Yen stood at 56.66, the reference rate for the Great Britain Pound (GBP) stood at 84.63. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| November 06, 2017 | 64.7267 | 84.6366 |
| November 03, 2017 | 64.5764 | 84.4272 |
(RBI-Reference Rate)
