US dollar ends sharply cheaper against rupee

The US dollar ended sharply cheaper against the rupee at Rs44.70/71 per dollar and the pound sterling finished slightly lower at Rs69.31/33 per pound at the close of the Interbank Foreign Exchange Market (Forex) in Mumbai today.

The following are the Interbank Forex and RBI rates:

(In Rupees Per Unit)
Unit                   Interbank      RBI Reference
US Dollar          44.70/71   US dollar Rs44.81
Pound sterling 69.31/33   Euro Rs59.81.
Euro                   59.79/81
Japanese Yen (100)  54.99/55.01