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of <h1>RBI Sets New Reference Rates: USD at Rs. 59.8750, Euro at Rs. 81.6925, Impacting SDR to Rupee Calculation.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 59.8750 and for the Euro at Rs. 81.6925 on July 10, 2014. These rates showed a slight increase from the previous day's rates of Rs. 59.7260 for the US dollar and Rs. 81.3800 for the Euro. Additionally, the exchange rates for the British Pound and Japanese Yen against the Rupee were reported as Rs. 102.5898 and Rs. 59.00 respectively on July 10, 2014. The Special Drawing Rights (SDR) to Rupee rate will be determined based on these reference rates.
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