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of <h1>RBI Sets New Reference Rates: USD at Rs.60.1370, Euro at Rs.82.2830, Pound at Rs.102.8343, Yen at Rs.59.27.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs.60.1370 and for the Euro at Rs.82.2830 on July 1, 2014. On the previous day, the rates were Rs.60.0933 for the US dollar and Rs.82.0094 for the Euro. The exchange rates for the British Pound and Japanese Yen against the Rupee were 102.8343 and 59.27, respectively, on July 1, 2014. The Special Drawing Rights (SDR) to Rupee rate will be determined based on these reference rates.
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