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of <h1>RBI Adjusts Reference Rates: Dollar at Rs.59.9913, Euro at Rs.83.4805; Slight Decline from Previous Day.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs.59.9913 and for the Euro at Rs.83.4805 on May 8, 2014. The previous day's rates were Rs.60.0399 for the dollar and Rs.83.5840 for the Euro. The exchange rates for the British Pound and Japanese Yen against the Rupee were 101.7512 and 58.96, respectively, on May 8, 2014, compared to 101.9658 and 59.17 on May 7, 2014. The SDR-Rupee rate is determined based on the reference rate.
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