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of <h1>RBI Lowers Reference Rates for USD, Euro, GBP, and Yen; Impacts SDR Calculation on March 24, 2014.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs.60.7030 and for the Euro at Rs.83.8070 on March 24, 2014. These rates were lower compared to the previous day's rates of Rs.61.0465 for the dollar and Rs.84.1755 for the Euro. Consequently, the exchange rate for the British Pound was Rs.100.1053, down from Rs.100.8061, and for 100 Japanese Yen, it was Rs.59.26, down from Rs.59.64. The Special Drawing Rights (SDR) to Rupee rate will be calculated based on these reference rates.
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