Indian rupee was trading flat against US dollar on Thursday in cautious trading ahead of the Reserve Bank of India’s Monetary Policy Committee outcome scheduled to be announced later in the day. On the other hand, firm domestic equities, fresh foreign fund inflows and easing crude prices, supported the domestic unit. Foreign funds purchased shares worth Rs 694.97 crore on a net basis, and domestic institutional investors bought shares worth Rs 525.26 crore on Wednesday, provisional data showed.
The partially convertible currency is currently trading flat at its previous close of 71.56 on Wednesday. The currency touched a high and low of 71.7600 and 71.5500 respectively. The reference rate for the dollar stood at 71.57 and for Euro stood at 81.54 on February 06, 2019. While the reference rate for the Yen stood at 65.21, the reference rate for the Great Britain Pound (GBP) stood at 92.68.
| Date | 1US$ | 1GBP |
| February 6, 2019 | 71.5731 | 92.6886 |
| February 5, 2019 | 71.7459 | 93.5624 |
(Reference Rate)
