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of <h1>RBI Sets New Reference Rates: USD at Rs.58.4830, Euro at Rs.79.8058, GBP at Rs.98.6725, 100 Yen at Rs.57.57.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs.58.4830 and for the Euro at Rs.79.8058 on May 23, 2014. The previous day's rates were Rs.58.5740 for the US dollar and Rs.80.0500 for the Euro. The exchange rate for the British Pound was Rs.98.6725, and for 100 Japanese Yen, it was Rs.57.57 on May 23, 2014. The Special Drawing Rights (SDR) to Rupee rate will be determined based on these reference rates.
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