RBI Sets New Reference Rates: Dollar at Rs.63.0645, Euro at Rs.84.9475, Pound at Rs.101.1492, Yen at Rs.63.31.
The Reserve Bank of India set the reference rate for the US dollar at Rs.63.0645 and for the Euro at Rs.84.9475 on November 14, 2013. The previous day's rates were Rs.63.6545 for the dollar and Rs.85.5502 for the Euro. The exchange rates for the British Pound (GBP) and Japanese Yen (JPY) against the Rupee were 101.1492 and 63.31, respectively, on November 14, 2013, compared to 101.1661 and 63.94 on November 13, 2013. The Special Drawing Rights (SDR) to Rupee rate will be determined based on these reference rates.