In forward market today, premium for dollar firmed up on fresh paying pressure from corporates. The RBI fixed the reference rate for the dollar at 66.9771 and for the euro at 71.0560. In cross-currency trades, the rupee ended lower against the pound sterling at 83.46/48 from 83.15/17 but euro turned higher against the euro to settle at 71.10/12 from 71.33/35. The domestic currency rose against the Japanese yen to 59.17/19 per 100 yen from 59.34/36 previously. Note: Forex and money markets will remain closed tomorrow, February 21, in view of Municipal Elections for Greater Mumbai.
Source: dna February 20, 2017 12:58 UTC