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of <h1>RBI Sets New Reference Rates: USD at Rs. 60.2460, Euro at Rs. 80.6985, Effective July 31, 2014.</h1> The Reserve Bank of India set the reference rate for the US dollar at Rs. 60.2460 and the Euro at Rs. 80.6985 on July 31, 2014. The previous day's rates were Rs. 60.1485 for the US dollar and Rs. 80.6360 for the Euro. The exchange rates for the British Pound and Japanese Yen against the Rupee were 101.9242 and 58.61, respectively, on July 31, 2014, compared to 101.9216 and 58.90 on July 30, 2014. The SDR-Rupee rate will be determined based on these reference rates.
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