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of <h1>RBI Updates Foreign Exchange Reference Rates: USD at Rs. 61.1965, Euro at Rs. 84.9450, GBP at Rs. 102.3511.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 61.1965 and for the Euro at Rs. 84.9450 on March 10, 2014. These rates were slightly higher than those on March 7, 2014, which were Rs. 60.9850 for the US dollar and Rs. 84.5255 for the Euro. Consequently, the exchange rate for the British Pound was Rs. 102.3511, up from Rs. 102.0706, and for 100 Japanese Yen, it was Rs. 59.34, compared to Rs. 59.22 on the previous day. The SDR-Rupee rate will be determined based on this reference rate.
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