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of <h1>RBI Sets New Reference Rates: USD at Rs. 61.6345, Euro at Rs. 83.4245, Pound at Rs. 101.2532, Yen at 59.19.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 61.6345 and for the Euro at Rs. 83.4245 on January 20, 2014. These rates were slightly higher than those on January 17, 2014, which were Rs. 61.3518 for the US dollar and Rs. 83.5223 for the Euro. The exchange rate for the British Pound rose from 100.2120 to 101.2532, and the rate for 100 Japanese Yen increased from 58.78 to 59.19. The SDR-Rupee rate is determined based on these reference rates.
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