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of <h1>RBI Updates: Dollar, Euro Exchange Rates Decrease Slightly; British Pound Rises, Yen Declines Relative to Rupee.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 60.1903 and for the Euro at Rs. 81.6560 on July 16, 2014. This shows a slight decrease from the previous day's rates of Rs. 60.2195 for the dollar and Rs. 81.9510 for the Euro. The exchange rate for the British Pound was Rs. 103.1361, up from Rs. 102.7947, while the rate for 100 Japanese Yen was Rs. 59.19, down from Rs. 59.27. The Special Drawing Rights (SDR) to Rupee rate will be determined based on these reference rates.
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