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of <h1>RBI Updates USD Reference Rate to Rs. 63.5194; Euro, Pound, Yen Rates Also Announced for May 5, 2015.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 63.5194 on May 5, 2015, down from Rs. 63.5780 on April 30, 2015. Exchange rates for other currencies against the Rupee were also provided: the Euro was Rs. 70.5383, the British Pound was Rs. 95.9588, and 100 Japanese Yen was Rs. 52.86 on May 5, 2015. These rates are determined based on the US Dollar reference rate and cross-currency quotes. The Special Drawing Rights (SDR) to Rupee rate will also be derived from this reference rate.
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