October settled better at 285-287 paise from 283-285 paise.
The RBI has fixed the reference rate for the US dollar at 55.7045 and for euro at 72.3500. The rupee recovered against the pound sterling to 88.83 from overnight close of 89.31 and also bounced back against the euro to 71.78 from 72.25.
It too rebounded against the Japanese yen to 67.58 per 100 yen from previous close of 67.83.
The Forex and Money markets will remain closed tomorrow, November 28, for 'Gurunanak Jayanti'