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<h1>RBI Sets New Reference Rates: USD at Rs. 59.8960, Euro at Rs. 78.3241, Pound and Yen Rates Also Rise.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 59.8960 and for the Euro at Rs. 78.3241 on July 12, 2013. The previous day's rates were Rs. 59.6420 for the US dollar and Rs. 77.9850 for the Euro. Consequently, the exchange rate for the British Pound Sterling increased from Rs. 90.1370 to Rs. 90.8802, and for 100 Japanese Yen, it rose from Rs. 60.40 to Rs. 60.59. The SDR-Rupee rate will be determined based on these reference rates.