Indian rupee strengthened against the US dollar on Tuesday on dollar's weakness against some currencies in the global market. However, month-end demand for the American unit from importers and banks limited the rupee's gains. On the global front, Sterling briefly hit an eight-week high on Monday before gains were checked as investors consolidated bets ahead of a key EU summit and against the backdrop of a brewing political crisis in Ireland.
The partially convertible currency is currently trading at 64.41, stronger by 9 paise from its previous close of 64.50 on Monday. The currency touched a high and low of 64.6075 and 64.3550 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at 64.69 and for Euro stood at 77.14 on November 27, 2017. While the RBI's reference rate for the Yen stood at 58.10, the reference rate for the Great Britain Pound (GBP) stood at 86.16. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| November 27, 2017 | 64.6948 | 86.1605 |
| November 24, 2017 | 64.7328 | 86.0364 |
