The Indian Rupee weakened 0.28% against the US Dollar on Nov. 26, 2007.
The Reserve Bank of India`s (RBI) reference rate for the US Dollar stood at Rs 39.68 on November 26, as against Rs 39.57, on the previous working day, i.e. November 23.
Similarly, the domestic currency gained 0.42% versus the Euro on the same day. The reference rate for Euro stood at Rs 58.79 on November 26 as against Rs 59.04 on the previous working day.
As revealed in the table below, the local currency remained steady against the Great Britain Pound (GBP) , but gained 0.44% against the Japanese Yen (taking into account 100 Yen).
Rupee Exchange Rate
Date Currency 1 GBP 100 YEN November 23, 2007 81.9594 36.74 November 26, 2007 81.9551 36.58
Source: RBI
Note: The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate. The exchange rates of GBP and Japanese Yen against the Rupee are based on the reference rate for US Dollar and middle rates of the cross currency quotes at 12 noon today.
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