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of <h1>RBI Sets New Reference Rates: Dollar at Rs. 61.1570, Euro at Rs. 82.7795; Rupee Strengthens Against Major Currencies.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 61.1570 and for the Euro at Rs. 82.7795 on October 11, 2013. This marks a decrease from the previous day's rates of Rs. 62.1383 for the dollar and Rs. 83.8725 for the Euro. Consequently, the exchange rate for the British Pound against the Rupee dropped from 99.0236 to 97.7656, and for 100 Japanese Yen, it decreased from 63.58 to 62.15. The Special Drawing Rights (SDR) to Rupee rate will be determined based on this reference rate.
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