Indian rupee weakened against the US dollar on Friday after the American currency gained traction among importers. Though, an upward movement in domestic equities prevented the rupee from going further down. On the global front, the dollar wobbled in thin trading on Friday, on track for losses against most rivals in a holiday-shortened week as it remained under pressure on the Federal Reserve’s cautious view on low US inflation. Meanwhile, the US dollar was also listless against the euro after data showed that the euro zone economy continued to improve and job creation grew at its fastest pace in 17 years.
The partially convertible currency is currently trading at 64.74, weaker by 17 paise from its previous close of 64.57 on Thursday. The currency touched a high and low of 64.7475 and 64.5600 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at 64.79 and for Euro stood at 76.62 on November 23, 2017. While the RBI's reference rate for the Yen stood at 58.22, the reference rate for the Great Britain Pound (GBP) stood at 86.33. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| November 23, 2017 | 64.7949 | 86.3327 |
| November 22, 2017 | 64.7453 | 85.8523 |
(RBI-Reference Rate)
