Supported by positive equity markets, Indian rupee continued to trade in positive territory against dollar on Friday amid dollar sales and fresh capital inflows. Meanwhile euro near a two-month high against American currency after the European Central Bank charted out a bond-buying scheme to calm the euro zone’s debt crisis. Further, robust US jobs data supported the global markets.
The partially convertible currency is currently trading at 55.57, stronger by 4 paise from its previous close of 55.61 on Thursday. The currency, so far, has touched a high and low of 55.62 and 55.50 respectively. The Reserve Bank of India's (RBI) reference rate for the dollar stood at Rs 55.97 and for Euro it stood at Rs 70.61 on September 06, 2012. While, the RBI’s reference rate for the Yen stood at 71.39, the reference rate for the Great Britain Pound (GBP) stood at 89.0203. The reference rates are based on 12 noon rates of a few select banks in Mumbai.
| Date | 1US$ | 1GBP |
September 6, 2012 | 55.97 | 89.0203 |
September 5, 2012 | 55.89 | 88.6271 |