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of <h1>RBI Updates Dollar Reference Rate to Rs. 61.4080; Euro, Pound, Yen Rates Adjusted Accordingly on October 31, 2014.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 61.4080 on October 31, 2014, down from Rs. 61.4636 on October 30, 2014. Based on this rate and cross-currency quotes, the exchange rates for the Euro, British Pound, and Japanese Yen against the Indian Rupee were as follows: 1 Euro was Rs. 77.1899, 1 British Pound was Rs. 98.0624, and 100 Japanese Yen was Rs. 55.28 on October 31, 2014. The Special Drawing Rights (SDR) to Rupee rate is also determined based on this reference rate.
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