Indian rupee weakened against the US dollar on Tuesday on account of month-end dollar demand from importers and banks. Further, a weak opening of domestic equity markets also weighed on the rupee sentiment. On the global front, the dollar slipped against the yen in Asian trade on Tuesday, hovering near a two-week low, as worries about an intensifying fight between the United States and its trade partners continued to slash risk appetites.
The partially convertible currency is currently trading at 68.18, weaker by 5 paise from its previous close of 68.13 on Monday. The currency touched a high and low of 68.2150 and 68.1400 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 68.14 and for Euro stood at 79.34 on June 25, 2018. While the RBI’s reference rate for the Yen stood at 62.27, the reference rate for the Great Britain Pound (GBP) stood at 90.27. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
| June 25, 2018 | 68.1466 | 90.2738 |
| June 22, 2018 | 67.7695 | 89.9572 |
(RBI-Reference Rate)
