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of <h1>RBI Sets New Reference Rates: USD at Rs.59.0770, Euro at Rs.80.5300; Pound and Yen Rates Announced.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs.59.0770 and the Euro at Rs.80.5300 on May 28, 2014. The previous day's rates were Rs.59.0585 for the US dollar and Rs.80.6048 for the Euro. The exchange rates for the British Pound and Japanese Yen against the Rupee on May 28, 2014, were 99.2021 and 57.98, respectively. The Special Drawing Rights (SDR) to Rupee rate will be determined based on this reference rate.
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