Forward dollar premiums declined further on sustained receipts by importers

The RBI fixed the reference rate for the dollar at 58.9133 and for the euro at 78.2180.

The rupee fell to 90.98 against the pound sterling from the previous close of 90.33 and dropped to 78.36 against the

euro from 77.99.

It remained weak against the Japanese yen at 59.88 per

100 yen from the previous close of 59.25.