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of <h1>RBI Adjusts US Dollar Reference Rate to Rs. 63.3963; Euro, Pound, Yen Rates Updated Based on New Rate.</h1> The Reserve Bank of India set the reference rate for the US Dollar at Rs. 63.3963 on July 3, 2015, down from Rs. 63.5705 on July 2, 2015. Consequently, the exchange rates for other major currencies were adjusted: the Euro was valued at Rs. 70.3319, the British Pound at Rs. 98.9426, and 100 Japanese Yen at Rs. 51.49 on July 3, 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 influenced by this reference rate.
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